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#689719 - 2nd May 2012 11:36am Hotel Victoria Site
Moonstar Offline

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Registered: 2nd Jul 2011
Posts: 1238
Loc: Wirral
It seems from the local paper today, that a housing association has taken over the old Hotel Vic site in New Brighton and will be building the planned 41 luxury flats and will be offering them at 80% of the going rate.

Why is a Housing Association getting involved in luxury flat building?

It all seems a bit odd to me, but maybe I am just a suspicious old fool. smile

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#689747 - 2nd May 2012 1:21pm Re: Hotel Victoria Site [Re: Moonstar]
little_pob Offline
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Registered: 30th May 2008
Posts: 442
Loc: Upton
Because you'll be "buying" on a part-ownership leasehold; i.e. part morgage, part rent and probably a maintainance fee too.

These days it's not uncommon...

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#689800 - 2nd May 2012 3:50pm Re: Hotel Victoria Site [Re: Moonstar]
WallaseyHead Offline
Member

Registered: 13th Apr 2012
Posts: 65
Loc: Wallasey
Oh ye of little faith. There's a fair few housing associations with money to spend who could make use of these sites that have stalled due to lack of funds. Makes sense to get them built.

They won't be the 'luxury' that was planned.

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#689850 - 2nd May 2012 6:19pm Re: Hotel Victoria Site [Re: Moonstar]
crazykoi Offline
Enthusiast

Registered: 11th Apr 2010
Posts: 132
Loc: wallasey
the company that owned the site went under and the site was sold quite cheap from what ive heard i think this can only be a good thing rather than it being half built

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#689871 - 2nd May 2012 8:00pm Re: Hotel Victoria Site [Re: Moonstar]
the_kwan Offline
Enthusiast

Registered: 28th Jul 2011
Posts: 171
Loc: wallasey
Well the crane that was on site was removed last week so either it has finished its job or building has ceased.

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#689927 - 2nd May 2012 10:44pm Re: Hotel Victoria Site [Re: Moonstar]
rentaclown100 Offline

Forum Addict

Registered: 19th Apr 2008
Posts: 1235
Loc: wallasey
a mate of mine was security on the site and the site foreman told him the owner had done one with the deposits


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vicsite.jpg




Edited by rentaclown100 (2nd May 2012 10:45pm)
Edit Reason: forgot pic
_________________________
needed to change this for years. so now i have. ha

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#689992 - 3rd May 2012 11:40am Re: Hotel Victoria Site [Re: Moonstar]
PaulWirral
Unregistered


...the same housing association have also purchased the old YMCA on Manor Road and intend to convert that to flats...

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#690018 - 3rd May 2012 1:22pm Re: Hotel Victoria Site [Re: ]
nightwalker Offline

Old Hand

Registered: 17th May 2010
Posts: 374
Loc: new brighton
Originally Posted By: PaulWirral
...the same housing association have also purchased the old YMCA on Manor Road and intend to convert that to flats...

Hope you're right Paul - I'd heard that the building was to be demolished and bungalows built on the site. Better conversion than demolition.

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#690218 - 4th May 2012 8:54am Re: Hotel Victoria Site [Re: Moonstar]
pablo42 Offline
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Registered: 12th Dec 2009
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Pity the Hotel Vic wasn't converted to flats

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