Rephasing for Leaseholders
What does this mean for me?
The re-phasing means the total length of the regeneration programme will be reduced by up to three years. Some of the very real benefits of regeneration will also be delivered earlier than originally planned. Whilst most households will move more quickly than originally planned, some blocks won’t now be redeveloped until later on.
To find out when you will be contacted to begin the buy back process, please select your building within the page: www.yoursouthacton.co.uk/your-building
How do I have a say?
An elected Community Board meets bi-monthly to discuss and agree the direction and important decisions that are made about the future of the regeneration programme. The Community Board has been involved in the development of the proposals to amend the future phasing, and has helped to guide its development.
The proposals form part of the ‘masterplan’ for South Acton, so must be approved by the Council’s Planning Service. Details of all planning applications are advertised locally and on the Council’s website at: www.ealing.gov.uk. Anyone affected by the application is able to comment within the consultation period.
What are my Options?
It is the intention of the Council that leaseholders should be able to remain living in the area if this is what they wish. If you are a resident leaseholder you will have the option of moving to one of the new properties being built at South Acton by Acton Gardens on an equity share basis. This gives you the opportunity to move to one of the new homes being built in the area by putting down the value of your old property. New homes are likely to be a higher value than your current home. Any difference in value is held by the housing association L&Q as a charge against the property. No rent or interest is payable. Details of this option are contained in the Freeholder & Leaseholder Guide distributed to all home owners in December 2013. This booklet is currently being updated to reflect the new phasing and the new version will be sent to you shortly.
Alternatively, you may wish to purchase a property on the open market either in Acton or elsewhere, or consider a shared ownership property from one of a number of schemes being developed within the borough.
Help & Information
The Council understands that moving can be a difficult and stressful time. A range of sources of help and information are available to help your move go smoothly.
As noted above, we are currently updating the Leaseholder & Freeholder Guide booklet sent out to all residents in 2012 to reflect recent changes and lessons learned from earlier phases. The revised booklet will be delivered to you as soon as possible.
If you have any enquiries about your move and compensation please speak to the Council’s regeneration team. If you want to know more about the equity share option and the new homes being built at South Acton please speak to a member of staff from L&Q. Both teams are now located at a new office at: 81 Enfield Road, Acton, W3 8RB from 9am to 5pm Monday to Friday. You can call them on: 020 8896 9372 (Ealing Council) or 0300 456 9888 (L&Q). You can also send an email via the website.
If you’d like free and confidential advice about any aspect of the scheme the Council employs an independent resident advisor, Keith Mann. Keith can be contacted on: 0800 374864 or email via the website www.pep.org.uk following links to South Acton.