Canary Riverside appeal leads to reduction in freeholder payout

Council flats in poor housing estate with many social welfare issues in Linwood UK

An Upper Tribunal has reduced the sum repayable to leaseholders of the Canary Riverside complex in east London, ruling that just 65% of the total should not have been paid.

In December 2022, a first-tier tribunal decided that secret insurance commissions amounting to a total of £1,638,710 were not reasonably incurred.

But now, after an appeal on the decision from the

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Government to consult on leasehold commission ban

In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.

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