IRS Update: Not Everyone Has to Pay
At the July Leaseholder Forum held at Daneshill House on the 7th, we were told that not all leaseholders are liable to pay for the IRS.
Those that do not fall into two categories:
1) Leases with no “improvement” clause. The hand out Stevenage Homes gave at the meeting says:
We are checking all leases to ensure that those with no “improvement” clause are not charged for the IRS installation.
But at the meeting we were told that they are only checking leases pre-1987 as all other leases apparently have the specified clause.
My lease started in 1990, it is currently in a document store along with the deeds. I have not decided whether it is worth the cost of retrieval to check the exact terms of the lease.
2) Leaseholders who have bought their property via the Right to Buy scheme within 5 years are exempt from paying for the IRS as it is not mentioned in their section 125 Offer notice.
Stevenage Homes have said they will bare the costs incurred and not pass them on to other leaseholders.
Michael Olawepo reminded everyone that if you do not have the IRS cable installed into your property now, you will have to pay if you want to have it done later. You will still be charged for having the IRS fitted to the block of flats.
