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Leathermarket AGM – government proposals pose a risk

    Home General Leathermarket AGM – government proposals pose a risk
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    Leathermarket AGM – government proposals pose a risk

    By JMB | General | Comments are Closed | 23 October, 2015 | 0

    On Wednesday evening residents heard that the JMB had enjoyed another successful year in terms its performance, innovation and sound financial management. However  attendees also heard from Southwark’s Cabinet Minister for Housing, Richard Livingstone, and the Executive Manager, Andy Bates, that government proposals/changes pose significant risks to the JMB’s successful model of local management.

    Proposals to sell high value council homes when they become vacant resulting  in most, if not all, JMB properties being sold when they become empty was seen as the biggest challenge. These sales could mean the loss of about 40 properties a year. These “forced sales” are required to fund discounts for housing association tenants who will be offered the right to buy and pay for a new build programme.

    The government will also be cutting the JMB’s rental income by 1% for the next 4 years. Adding this to the anticipated effects of welfare reform measures the JMB expects that its income will be 22% lower in four years time. This measure will have a significant impact on the planned major works programme and service delivery.

    The JMB will be writing to the local MP, Neil Coyle, setting out its concerns in relation to forced sales and  the future of our community and asking for his support in lobbying the government to address JMB concerns. If you are passing the office please ask to sign our letter.

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    Leathermarket JMB

    Southwark's largest resident-managed housing organisation, running 1500 homes between London Bridge and Tower Bridge, Leathermarket JMB is the organisation which runs your estate, managed by the people who live in your area.

    Residents are the reason we are here.

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    • About Us
      • JMB news
      • Our homes
      • Live on a JMB Estate
    • Residents
      • Apply for parking permit
      • Safety rules and emergency
      • Paying your rent
      • DIY in your home
      • Contents insurance
      • My estate
    • Repairs
      • Repairs to your home
      • Book Repairs
    • Home ownership
      • Major Works
        • Major works payment options
        • Major works payment explained
      • Leasehold publications and minutes
      • Make a payment
    • Get involved
      • Job Vacancies
        • Job Vacancy – Plumber
        • Job Vacancy – Repairs Assistant
        • Job Vacancy – Senior Surveyor
      • Have your say/ Get involved
      • Tenant and Resident Associations (TRAs)
      • JMB Directors
      • Events
        • Kipling Estate TRA General Meeting 22nd February 2022
        • Leathermarket Seniors Project
        • Women’s Friendship Group
    • Publications
      • 2019/2020 Annual Report
      • JMB Final Account March 2020
      • JMB Management Agreement
      • JMB Business Plan
      • Not Right First Time Policy
      • Privacy Policy
      • Leathermarket JMB Equalities Policy
      • Newsletters
      • Sub Group Meetings
        • Leathermarket Homeowners Subcommitee
    • Covid-19 Information
      • Covid-19 – Leathermarket JMB Update
      • Repairs & Cleaning on JMB Estates
      • How to make Rent & Service Charges Payments
      • Information for Those Facing Financial Hardship
      • Volunteer Opportunities
      • Useful Information
      • Changes to parking restrictions on JMB estates during Covid-19 Lockdown
    • Contact
    Leathermarket JMB
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