Cllr MacLaren welcomes ‘Missing Shares’ pilot project

“One of the biggest problems for owners in traditional tenements is when other owners are either unwilling or unable to pay their share of any repairs,” said Councillor Kenny MacLaren (SNP – Paisley Northwest), regarding an update on the Missing Shares pilot project run by Renfrewshire Council.

This project aims to tackle this problem, assisting owners in a block to get essential common repairs done when they are having difficulty receiving contributions from other owners who are unable or unwilling to pay their share. Renfrewshire Council has agreed to pay up to £10,000 per missing share for eligible works and will seek to recover these and associated administrative costs from non-paying owners.

The council has previously identified over 430 tenemental blocks and sent 2,700 missing shares leaflets to all private owners in Paisley, Johnstone and Renfrew as well as factors who had property circa 1919 or earlier to promote the scheme.

Councillor Kenny MacLaren added:

“This pilot project is essential when many owners find that essential repairs aren’t getting done.

“So far the Council has issued 33 Missing Share application packs. In the last year, the Council has approved Missing Share payments for 5 projects. Three projects have now completed and a total of £10,000 has been paid out in missing shares.”

This initiative is in the early stages and to date a number of owners have been in contact with the Council to advise that they are trying to progress repairs projects and they will propose to submit applications for support as the project develops.

The Private Sector Housing Programme for 2021/22 includes an allowance of £90,000 for missing shares.