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West Hampstead buyers mount legal action over cladding costs | Hampstead Highgate Express

A schedule of anticipated prices sent to leaseholders last month said new cladding would cost more than £2million. Other costs included £20,000 for a waking watch, almost £40,000 for a new fire alarm system and more than £270,000 in “professional fees”. Each leaseholder s share will depend on the size of their flat. Alex s will be 5.92 per cent of the total – which would be £147,086, based on the estimates provided by Parkfords. His £75,000 bill was only for the first six months of 2021. Further instalments were to be included in future service charges. As terrifying as his bill was, he said, Other, bigger flats would have to pay even more.

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