URGENT UPDATE
Elba Ground Rent Dispute
Residents Meeting 7th & 8th April
The Action Group are holding 2 meetings on Tuesday 7th April and Wednesday 8th April at 7.00pm at the Conservative Club in Sterry Road, Gowerton
At these meetings we will discuss the Councils proposals which all leaseholders who are not on a fixed ground rent will have already received by letter.
It is clear from the letter and our own dealings with the Council that there is no further scope for movement on their part in respect of the revised annual ground rent figure of £400.
We are however still negotiating in respect of the freehold purchase price and also the Council’s legal and surveyors' costs for dealing with volume purchases of the freehold.
We expect to able to provide more detailed information on the freehold purchase price and Councils legal fees at these meetings.
Our local surveyor adviser, Mr Rob Cowley, will attend the meetings to provide guidance on the Council’s offer and answer questions from affected leaseholders.
We cannot over-emphasise the importance of attending these meetings in order to fully understand the situation and be able to make a fully informed decision
We must continue to remind and urge leaseholders not to respond to the Council’s letter until after the meetings, so that the ongoing negotiations can be concluded and to enable you to make a more informed decision about how to proceed.
The Action Group
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