Posts Tagged ‘mortgage’
Government unveils biggest shakeup to building safety in a generation
Housing Secretary Robert Jenrick MP has announced ambitious steps to further reform the building safety system with the biggest changes in a generation to ensure residents are safe in their homes. New measures announced include mandatory sprinkler systems and consistent wayfinding signage in all new high-rise blocks of flats […] Click here to view original…
Read MoreSafety fears as repair work stops on Bellway fire block
MP calls on housing secretary to intervene as Bellway staff down tools at Barking Riverside scheme amid covid-19 crisis Veteran east London MP Margaret Hodge has called on the housing secretary to intervene after repair work was stopped on a fire-hit block of flats from housebuilder Bellway. The six-storey […] Click here to view original…
Read MoreArranging mortgages on high rise homes with cladding — what you need to know
Chancellor Rishi Sunak’s decision in last week’s Budget to make £1bn of funding available to remove unsafe cladding from high rise buildings underlined the scale of the issue facing apartment owners. The numbers of homeowners affected, according to The Times , is estimated to be 200,000. Following the Grenfell […] Click here to view original…
Read MoreCladding scandal: is it safe to invest in a new-build high rise?
It’s been more than two years since the Grenfell Tower disaster, and a lot’s changed in the construction industry, but the repercussions are still being felt by many high-rise residents. Across England, thousands of owners of flats in high-rise buildings are currently in limbo, unable to remortgage or sell […] Click here to view original…
Read MoreAdvice for leaseholders stuck in blocks with unsafe cladding
With thousands of flat-owners across the country affected, people have woken up to the risks of unsafe cladding – Mary-Anne Bowring, MD of Ringley offers advice to leaseholders stuck in blocks with untested cladding Thousands of flat-owners have been affected by the risks of unsafe cladding . New fire […] Click here to view original…
Read MoreFlat owners unable to sell or remortgage due to cladding crisis
Cladding is the housing subject no-one wants to resolve, due to the potentially eye-watering costs involved. But it’s slowly suffocating those affected, namely flat owners living in blocks covered in cladding, who want to sell and move on with their lives. The issue is that the owners are unable […] Click here to view original…
Read MoreMore than 300 buildings in England need cladding removed – MHCLG
There are more than 300 high-rise and publicly-owned buildings in England with dangerous cladding systems that fall short of regulations, updated figures revealed. Works to remove and replace Aluminium Composite Material (ACM) cladding have taken place on 141 buildings since the Grenfell Tower tragedy, according to the Ministry of […] Click here to view original…
Read More