I met with Cllr Phil North last week to discuss how we can help the Kingsway Gardens leaseholders who are being hit with enormous bills by Aster.
I’ve written to Sarah Durrans, the Regional Director, to raise my on-going concerns about the £500K administration fee they’re charging to project manage the works and challenged them to put this aspect out to tender to ensure fairness and transparency. They need to tell us how much money is currently in the sinking fund and confirm whether this amount will be subtracted from the total bill for the final works or apportioned to the individual buildings/properties.
Aster also need to confirm their commitment to speak to all owners individually so they can understand their financial circumstances and tailor a repayment package to suit.