Did Covid Change Your Lifestyle?
ChatterBank0 min ago
I live in a flat for the over 55s, block of 50 flats. We have just been told there is work to be carried out and the cost to each flat will be approx £5,000. Work is usually paid for from the sinking fund which is added to when each flat is sold. They are saying there is not enough to cover the works. I am a pensioner and basically live from month to month with no savings. Does anyone have any advice please?
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Thank you all for taking the time to reply. The entire building have to have new doors to meet fire regulations, including communal doors and doors that give access to electric meters. We have been quoted in excess of £238,000 and the sinking fund only has £160,000 (although that seems low and will need looking into) the management fee has been quoted as £11,500 and so each of us approx £5,000. I will certainly look into all the advice you have given me, thanks again.
Barry thank you for your reply. It was built in 1985, still the original doors to the flats and cupboards so I expect they no longer meet the regulations. I have no problem with the works being done because we want to be safe. My issue is really the financial side. My flat is paid for and we pay £244 per month service charge, which has just gone up to £393 which is also a shock. I have no savings and my pension just covers my monthly outgoings. I have no means to go to my bank for a loan because apart from the flat I have nothing else to offer. Anyway, I will look at all the options that everyone has offered and will take it from there. Thanks again.
Gentledilly
Can you get to your local Fire Service Fire Prevention dept ?? I, as a retired fireman, cannot imagine that FRSC doors ( Fire resistant self closing) were not fitted during the original build, even though it was a fairly long time ago. If you can contact them ask if the legislation regarding these doors has changed. Best of luck and I hope things work out for you.
FBG40
FBG40 thank you for your answer. Yes we have self-closing doors in the communal areas but this work is for all of our personal front doors to our flat and the doors in the corridors that house our electric meters.
pasta freak I know! It has jumped by £148 a couple of months ago when this particular company took our management over. Believe me, there are 50 flats and we are all raging about it. It's something else we are going to have to fight. I thought moving here would make life easier but sadly not, but hey ho I'm here to fight another day!!
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