Posts Tagged ‘Mortgage Decisions’
Boris Johnson hints at help for leaseholders in buildings under 18m hit by cladding issues
The Royal Institution of Chartered Surveyors (RICS) is drawing up a new ‘risk matrix’ to help leaseholders unable to sell flats in blocks shorter than 18m with potentially dangerous cladding, the prime minister has said. Boris Johnson during prime minister’s questions (picture: Parliament TV) Sharelines Speaking during prime minister’s […] Click here to view original…
Read MoreCoordinated effort needed on cladding as borrowers face years in limbo – Ganatra
Homeowners living in flats are finding it near impossible to remortgage where they cannot provide evidence of an external wall survey which confirms the building is free of combustible materials. In the wake of the Grenfell disaster, surveyors acting for mortgage lenders are making extra checks to ensure a […] Click here to view original…
Read MoreFeature: Flat owners caught in mortgage trap
The Grenfell fire tragedy of June 2017, in which 72 people died, has highlighted fire safety issues with thousands of blocks of flats, exposed decades of lax building controls, and shone a light on a construction sector that focused on building properties fast and cheap. The fire spread quickly […] Click here to view original…
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