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It's impossible to say from the pictures the condition but the flaking paint and denatured wood underneath wouldn't look like that big an issue in London, when you're that close to the sea it might be more of a problem. Very often the worst areas are still covered with paint, just rotten underneath the paint!
I couldn't really figure it out. Seems a bit high for the woodwork I can see in the picture but cheap for the porch. Maybe access is complicated. Surprised that they would be quoting for external work at the moment anyway, would make sense to leave it until next spring/summer.
Maybe they just don't fancy it right now and I can understand why, being up a ladder in this weather is no fun.