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MJ Gleeson stands out from the crowd

By News Feed | 15 September 2022

MJ Gleeson (GLE) is unlike other housebuilders. In part, this is because it targets a lower price point than its competitors, with its average home selling for £167,300, but also because post-Grenfell cladding costs have not impacted its bottom line in the same way they have for its competitors. […]Click here to view original web…

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Cladding crisis: Dartford homeowners trapped in unsellable flats in Thames Waterside, Greenhithe

By News Feed | 15 September 2022

Five years on from the Grenfell tragedy homeowners across the country still find themselves trapped in unsellable and potentially unsafe properties. In the wake of the deadly blaze which claimed 72 lives in 2017 a public inquiry laid bare the extent of flammable cladding and fire safety defects in […] Click here to view original…

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Redrow stays confident in cooling market

By News Feed | 14 September 2022

Cladding bill wipes 40 per cent off profits House prices forecast to fall Another housebuilder, another post-Grenfell cladding bill. Much like its competitors, Redrow’s (RDW) most recent results – for the year to 3 July – reveal that pre-tax profits have been slashed by eye-watering costs as a result […] Click here to view original…

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TOP NEWS: Redrow ups payout despite profit hit from fire safety costs

By News Feed | 14 September 2022

(Alliance News) – Redrow PLC on Wednesday raised its dividend but saw annual profit decline as it booked one-off costs related to a UK government pledge surrounding fire safety measures. For the 53 weeks that ended July 3, revenue rose 10% to GBP2.14 billion from GBP1.94 billion. However, pretax […] Click here to view original…

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Scottish ministers accused of dragging their heels removing Grenfell-style flammable cladding from buildings

By News Feed | 13 September 2022

Abhijeet Kadwe with his two sons, Kiaan, five, and Advay, eight, at their former apartment family home in Glasgow Scottish ministers have been accused of dragging their heels removing Grenfell-style flammable cladding from buildings as the bulk of the removal work is earmarked for 2025. The Scottish Government’s spending […] Click here to view original…

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Leaky homes 20 years on: could it happen again?

By News Feed | 13 September 2022

Bruce and Meryle Kenny lived through the nightmare of finding out their Auckland home was a leaky home. When Bruce and Meryle Kenny discovered their much-loved Auckland home was a leaky home in 2008, it was the beginning of the most stressful period of their lives. The couple had […] Click here to view original…

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Estate block’s dangerous cladding set to be replaced

By News Feed | 12 September 2022

Bush Hill Park council flats said to have cladding that doesn’t comply with new fire safety regulations, reports Simon Allin, Local Democracy Reporter Constable House on Ayley Croft Estate, Bush Hill Park Enfield Council is planning to re-clad a housing block fitted with materials that could catch fire and […] Click here to view original…

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Tower block residents embroiled in cladding scandal terrified after multiple balcony fires

By News Feed | 11 September 2022

A Cardiff development deemed ‘the next Grenfell’ has had two balcony fires in the last month Fire service at Victoria Wharf development A building in Cardiff’s Grangetown embroiled in the cladding safety scandal has faced two fires in the space of a month. Residents of Victoria Wharf have been […] Click here to view original…

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Gov’t, Insurance Group Ink Post-Grenfell Cladding Clause

By News Feed | 10 September 2022

policy clause for underwriters providing insurance for work to remove dangerous cladding from buildings in the wake of the Grenfell Tower fire. The International Underwriting Association said it had jointly developed the policy wording with the Department of Leveling Up, Housing and Communities for projects refurbishing unfit cladding under […] Click here to view original…

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Leaky homes 20 years on: could it happen again?

By News Feed | 9 September 2022

Bruce and Meryle Kenny lived through the nightmare of finding out their Auckland home was a leaky home. When Bruce and Meryle Kenny discovered their much-loved Auckland home was a leaky home in 2008, it was the beginning of the most stressful period of their lives. The couple had […] Click here to view original…

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Fire Safety – IUA publishes new professional indemnity insurance clause

By News Feed | 9 September 2022

Following the tragic Grenfell Tower fire in 2017 the professional indemnity (” PI “) insurance market for fire safety design services has contracted significantly, with a number of underwriters withdrawing from the market completely or otherwise imposing onerous exclusions and/or limitations on their PI insurance cover. As a consequence […] Click here to view original…

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England: Housing association wins £10.8m in defective cladding damages

By News Feed | 8 September 2022

The towers in Gosport Housing association Hyde Group has won £10.8 million in damages and costs from a contractor after a dispute over defective cladding. Construction firm Mulalley was ordered to pay damages and costs to group subsidiary Martlet Homes in a case relating to tower blocks in Gosport, […] Click here to view original…