28 FEB 2017

Pressing the case with Aster over Enormous Kingsway Gardens Bills

Local MP, Kit Malthouse and I met yesterday to discuss the situation at Kingsway Gardens following my meeting with Aster lastweek. Leaseholders are being hit with enormous bills for works to solve the problem of damp and mould caused by water ingress.

Following our meeting, Kit has again written to Sarah Durrans, Regional Director of Aster to raise our on-going concerns about the £500k plus administration fee they're charging to project manage the works. Kit and I have challenged them to put the project management aspect of the works out to tender to ensure fairness and transparency. We have also asked if she can clarify the amount of money currently in the sinking fund and to confirm whether this amount will be subtracted from the total bill for the final works or apportioned to the individual blocks/properties.

Kit and I also agree that Aster need to confirm their commitment to speak to all owners individually to enable them to understand their financial circumstances and tailor a repayment package to suit.

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