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Luxury developer went into administration owing £26million | Hampstead Highgate Express

But in December the LLP went into administration owing OakNorth £25.52m. In January, we reported that buyers who paid deposits in 2018 and were told they could move in by spring 2019 had still not moved in. One said: “I’m furious. I had worked hard to get a deposit together. It’s had a massive impact on my life.” Another said the delays had cost him almost £25,000 in rent and legal fees. Mr Godfrey said Brexit and Covid-19 had caused “unprecedented” delays and claimed the project had been hampered by planning conditions. Planning permission granted by Camden Council said buyers could not move in until a housing association agreed to take on the “affordable” units.

Luxury developer went into administration owing £26million

But in December the LLP went into administration owing OakNorth £25.52m. In January, we reported that buyers who paid deposits in 2018 and were told they could move in by spring 2019 had still not moved in. One said: “I’m furious. I had worked hard to get a deposit together. It’s had a massive impact on my life.” Another said the delays had cost him almost £25,000 in rent and legal fees. Mr Godfrey said Brexit and Covid-19 had caused “unprecedented” delays and claimed the project had been hampered by planning conditions. Planning permission granted by Camden Council said buyers could not move in until a housing association agreed to take on the “affordable” units.

Kilburn luxury Park Place developer enters administration

His move-in date was spring 2019 but Godfrey London sent emails throughout 2019 and 2020, repeatedly delaying it. He has still not moved in.   “I’m furious,” he said. “I had worked hard to get a deposit together. It’s had a massive impact on my life. I imagined I would be moving in with my partner.  Godfrey London s website said it sold exquisite apartments, designed to exacting standards . - Credit: www.godfreylondon.co.uk “A number of people have now had to spend years living with their parents, sleeping on people’s sofas or paying for extortionate short-term rental.  I’ve been keeping all my furniture in my parents’ shed, but other people have had to pay for storage. It’s having a huge impact on people’s mental health.” 

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