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Posts Tagged ‘lenders’

I live in a block of flats with dangerous cladding and can’t afford the potential £40,000 bill to get it removed, what can I do?

20 October 2020
I live in a block of flats with dangerous cladding and can't afford the potential £40,000 bill to get it removed, what can I do?

I live in a leasehold flat with dangerous cladding and face a repair bill of £40,000 to get it removed and replaced with safe materials. I’m unable to pay this on top of my mortgage. What happens if I miss my mortgage repayments for several months in a row […] Click here to view original…

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Homeowners face sales falling through and zero valuations due to fire safety test delays

23 August 2020
Homeowners face sales falling through and zero valuations due to fire safety test delays

Homeowners have found themselves stuck with unsellable and potentially unsafe flats due to delays over fire safety tests. Which? has been contacted by more than 120 readers who are facing difficulties buying, selling or remortgaging flats due to lenders asking for a safety certificate that they’re finding impossible to obtain. Here, we explain a chain…

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Red tape nightmare that stops millions selling their homes: Lenders demand proof buildings do not pose fire risk

11 August 2020
Red tape nightmare that stops millions selling their homes: Lenders demand proof buildings do not pose fire risk

Thousands of people living in flats say they can’t remortgage or sell their homes due to new safety advice issued in response to the Grenfell Tower fire. Concerns over cladding mean that lenders will not offer a new mortgage on some apartment block homes without paperwork to prove the […] Click here to view original…

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Recent Posts

  • House builder Taylor Wimpey sets up £125m fund to fix sub-standard cladding on flat blocks
  • Housebuilder Taylor Wimpey will pay out £125million to replace cladding and improve fire safety on all blocks built in the past 20 years in wake of Grenfell Tower disaster
  • Taylor Wimpey sets aside £125m for cladding and fire safety repairs
  • Taylor Wimpey sets aside £125m to fix cladding
  • Taylor Wimpey sets aside £125m for cladding and fire safety repairs

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