Hamilton Court Maida Vale Ltd
The Challenge
Hamilton Court is a 5/6 storey 1930s block in Maida Vale. Ringley are engaged as Freeholder's Agent and Party Wall Surveyors to deliver rooftop penthouses with minimum inconvenience.
The owners of the apartments share the freehold and started discussions with a developer to lease them the roof space and add 4 penthouses. Ringley's role is to work with the Directors of the management company, vet developer proposals and manage the approval of details as part of the licence and planning process.
Development conditions includes enabling works before the penthouse materials are delivered to the site. Negotiations yielded; the developer committing to replacing all the blocks windows, supervised by Ringley along with the penthouse and internal refurbishment.
The Solution
The freehold company is owned by most of the leaseholders will get to share in the proceeds from selling the 4 penthouses.
Ringley will keep the leaseholders safe by ensuring the developer protects the exiting structure and new works are planned to minimise any inconvenience.