Cladding
Leaseholders caught up in the cladding scandal are selling their furniture to keep up with huge bills
By Grainne Cuffe, local democracy reporter South London leaseholders caught up in the cladding scandal are selling their furniture to keep up with huge bills. The rapid spread of the 2017 Grenfell fire, which claimed 72 lives, was found to be caused by dangerous cladding. Now laws designed to […] Click here to view original…
Read MorePassed Fire Safety Bill to leave leaseholders liable for cladding bill
There was outcry over the Fire Safety Bill being passed in Parliament last week as critics believe the reforms will leave leaseholders footing the bill associated with the removal of dangerous cladding. The survivors and bereaved families of the Grenfell Disaster were unhappy just prior to the passing of […] Click here to view original…
Read MoreCall to ensure cladding tax doesn’t make housebuilders ‘pay twice’ for repairs
HBF says £2bn tax must take account of ’hundreds of millions’ spent by developers already on fire safety works Major housebuilders have called on the government to ensure that housebuilders that have already spent tens of millions repairing homes with unsafe cladding aren’t forced to effectively ‘pay twice’ through […] Click here to view original…
Read MoreFlat Owners Caught in Cladding Scandal Could Cost Individual Leaseholders as much as £75,000
Flat Owners Caught in Cladding Scandal Could Cost Individual Leaseholders as much as £75,000 after parliament, last week, voted against protecting them from post-Grenfell fire safety costs. Research by Newcastle-based property developer, StripeHomes, has revealed how much leasehold flat owners could see wiped off the value of their home, […] Click here to view original…
Read MoreWomen in Residential Property to host a panel discussion on cladding
As the government’s controversial attempts to resolve the issues, relating to cladding, continue to cause uncertainty for both residents and residential property professionals, the Women in Residential Property (WIRP) Network has announced that it will be hosting a panel discussion on cladding, on Zoom, on the 13 th May […] Click here to view original…
Read MoreGovernment hasn’t spent half of promised cladding cash
The government has not allocated more than half of the cash it promised to help residents of tower blocks remove dangerous cladding from their buildings. In the period up to 31 March this year, some £1.6bn was supposed to have been spent on the “remediation” of unsafe cladding on […] Click here to view original…
Read MoreCladding tax could cost housebuilders £25m a year
The latest research by London lettings and estate agent, Benham and Reeves , has found that the UK’s 10 biggest developers could each face a potential average tax bill of £25 million per year, if the government succeeds in its attempts to introduce a new residential property developer tax. […] Click here to view original…
Read MoreMP’s fury at four-year delay removing Grenfell-type cladding from block
The government has joined an MP in telling a developer that “owners should make buildings safe” amid criticism that it waited four years after the Grenfell disaster to remove dangerous cladding from east London’s New Providence Wharf tower block. Poplar and Limehouse MP Apsana Begum wrote to Housing Secretary […] Click here to view original…
Read MoreDevelopers Could Face Tax on Profits as High as £50m if Government Succeeds with New Cladding Tax
The latest research by London lettings and estate agent, Benham and Reeves, has found that the UK’s 10 biggest developers could each face a potential average tax bill of £25 million per year, if the government succeeds in its attempts to introduce a new residential property developer tax. In […] Click here to view original…
Read MoreAssociation’s shared ownership sales hit by cladding crisis
PA Housing has said that the difficulties of obtaining certification of new homes under the EWS1 form had contributed to a huge shortfall in sales in the last year. Publishing a trading update and unaudited accounts for the year to March 2021, the 23,000-home association – which is currently […] Click here to view original…
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