Block Name: Imperial Point
Block Location: Media City, Salford Quays
Block Stats: 116 Flats
My Personal Story
My name is Julie Taylor and I am co-ordinating the campaign for Imperial Point leaseholders who have been informed the costs to replace insulation on our building will be passed down to leaseholders by the Landlord (Peel L&P). We have established a cladding task force consisting of 6 members with £1000 in funding from residents and we are working on a proactive media campaign to put pressure on the Landlord (Peel Holdings – L&P), the developer (Orbital) and the builders (Lease Lend) to pay for the remedial works as we bought our properties in good faith.
Peel Holdings and Emerson Service Management Company withheld the information from residents regarding the non-complaint cladding for over 16 months after they became aware of the situation. The cost estimate at the moment for the remedial cladding work is anything from £1.0 to 1.5 million to rectify the situation based on works assessed on similar buildings. The Water Gardens development is also planned to extend the commercial aspect of the Lowry Mall into more bars and restaurants. Ironic seeing this proposed development that is attached to Imperial Point will increase the footfall of the general public into building area that poses a fire risk.
We also had a near miss with a fire incident on the 4th floor of the building that could have been so much worse if residents had not acted quickly to extinguish the flames. The photo below is from the resident on the 3rd floor balcony below that raised the alarm.
I bought my first apartment in Imperial Point off plan in 2002 and bought a second apartment in 2012 for my parents to retire in. I am now 57 years of age and planned to retire at 60yrs, but this will now have to be put on hold if I have to pay for the cladding insulation to be replaced on our building. My Father (Derek Taylor – aged 84yrs) is having treatment for cancer and the additional weight of the financial stress is impacting greatly on his health. My parents came to Imperial Point to have a stress free life with easy apartment living (low maintenance) to find that they are now facing escalating service charge costs that will eat into their lifetime savings and fear that they live in a building that poses a fire risk. Meanwhile Peel Holdings, Orbital Developers and Lease Lend are making millions in profit each year but pass the coat down to leaseholders …. this is so unjust.
My neighbours are experiencing the same stress for different reasons……
Dr Natalie Cureton, has been offered her dream job with Cancer Research but is unable to relocate to the base herself in the South of England because her property now has zero value.
Mr and Mrs Michael and Meryl Parker – who shortly after retiring in 2000 took the momentous decision to move from the south coast to be near his family in the Northwest. Having only their pension income to rely on for the rest of their lives the financial advice they were given was to ensure they had plenty of equity in their chosen apartment. They were delighted with the plans for residing on the Quays in Imperial Point having put their faith in the prestigious marketing brochures selling the retirement lifestyle. Everything has been as good as it could be with the arrival of Media City, the facilities in walking distance and the transport links on the doorstep, with the exception of one major issue. They have now been told that Imperial Point has zero value and that lease holders have to pay for the developers and builders mistakes. Michael and Meryl are now having sleepless nights about living in dangerous building, struggling to finance care costs for Meryl. They are dismayed that as the law stands their equity is at risk to offset much need care costs having worked all their lives to provide for their retirement. They are amazed the Landlord, developer and builder who are in business and making substantial profits are able to duck their moral responsibility to pay for the cladding remedial works.
Ian and Mariam Digger, who are newlyweds, working professionals who have suffered health scares recently and planned to take a well-earned earned gap year to travel the world and recuperate. They have worked very hard to realise their dream and have saved to do this. They have now had to put their travel dreams on hold due to the financial uncertainty they face to replace the non-complaint cladding insulation.
Mr Pedram and Mrs Solmaz Rohani - who have relocated from Iran to Imperial Point would love to have a baby but have to put their family plan on hold due to the financial uncertainty they face to replace the non-complaint cladding on the building. Their plans for a family have now been put on hold due to the circumstances they find themselves living in a building that is a fire risk and requires cladding replacement. They feel trapped as their property now has zero value, and the money they have saved to bring a baby into the world and saved to provide for its care and future education is being diverted to pay for the replacement of cladding that is being passed down to them by financially buoyant landlord, developer and builder who are worth billions. In addition, the government appears to be taking little action to represent leaseholders from this position which is hard to swallow having chosen the UK as their preferred country of residence.
Ms Kym Dawson - I moved to Imperial Point 10 years ago when I came back to the UK from Germany to take up a position locally. I have thoroughly enjoyed living here and have greatly valued living in a dynamic and forward-looking area. However, circumstances change, and I wish to move my life back to the Continent and work abroad once again. The uncertain times thrust upon us by Brexit mean that I am keen to relocate whilst it is still relatively straightforward to do so but the inertia on the cladding situation - brought about by information being slow to drip down from the managing agents and indecision from the government - mean that I am unable to sell and am reluctant to start making plans to move abroad whilst the cladding situation remains unresolved.