Leaseholder Major Works Payment Options Review

July 1, 2026 Mayor and Cabinet (Other) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

The Mayor and Cabinet of Lewisham Council approved recommendations on 01/07/2026. The decision extends the repayment period for major works bills over £20,000 to 10 years, with an initial 5-year interest-free period, and offers a 15% discount for upfront payment of any bill magnitude.

Supporting Documents

Leaseholder Major Works Payment Options Review SIGN OFF SHEET.pdf
Leaseholder Major Works Payment Options Review REPORT.pdf
Leaseholder Major Works Payment Options Review - Appendix 1 - Payment Options Benchmarking.pdf
Leaseholder Major Works Payment Options Review - Appendix 2 - Leasehold payment options.pdf
Leaseholder Major Works Payment Options Review - Appendix 3 Leaseholder Loan Calculations 2026-27.pdf

Details

OutcomeRecommendations Approved
Decision date1 Jul 2026
Expected date1 Jul 2026
Originally due10 Jun 2026
Lead officerEmma Mills