| Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Proposals to Refurbish Brentford Towers | |
| Posted by: | Bernard Allen | |
| Date/Time: | 20/05/17 20:13:00 |
| Ian, I can see where your coming from as well . But my mate brought his flat a long time ago so I don't know what he paid for it. I think he's pulling his hair out, first LBH were going to pull the towers down, then they they decided not to, now there is the major works . My opinion, it's been down to lack of communication with the residents, because at the beginning of the year they didn't know what work was going ahead. I don't think you will get a mortgage now that LBH has said they are starting work this year. The prices you are quoting are for very desirable new builds, as just lately the conversions have dropped in price you can pick them up from £200,000 to 250,000 further out to the Heathrow area . Also in the middle of Hounslow the office block conversions are dropping in price You can pick up a few bargains over in the Heston area as LBH has a lot of properties suffering with Concrete cancer, so they are being advertised as cash buyers only. There is a two bed flat going for £159,950 on the Redwood Estate. Until the major works was announced the Brentford towers were holding there own at £275,000 for two bed room flat, which is not to bad for a local authority high rise flat I am getting off the point, I can only guess what some resident are feeling, to have a bill the size that other boroughs are charging is quite worrying, some people will not be able to refinance that amount if they already have a mortgage. OK some will say that what you get for buying an ex Local Authority flat as it was cheaper than other flats in the area, then on the other hand you cant have a go at a hard working person who just wants to put a roof over his families head and that's all he can afford.. Anyway we wont know until the work is finished, but as you said Ian it will cost a fortune to scaffold a 22 floor tower block, and the cladding doesn't come cheap either |