Cladding scandal: ‘We’re being asked to stay home to stop the virus but the block could go up in flames’
Daniel Hambury/Stella Pictures Ltd W hen Zoe Bartley bought her first flat four years ago, she was young, free and single and it was the perfect starter home. Today the one-bedroom property is full to the bursting, and about to get even fuller. Bartley now lives with her partner, […]Click here to view original web…
Persimmon creates £75m cladding fund as UK leaseholders set for new government lifeline
Persimmon has put aside £75m for cladding safety costs. Photo: Mike Egerton/PA via Getty Developer Persimmon has vowed to set aside £75m ($104m) to fix potentially unsafe cladding on its buildings, as the government prepares a new bailout to help tackle the cladding scandal. UK housing secretary Robert Jenrick […] Click here to view original…
BREAKING New cladding fund finally ends bills for some flat owners – but others must pay £50 a month
Seren Park Gardens in Greenwich where residents are facing a £658,000 insurance bill, up from £122k last year A new cladding fund will finally end sky-high bills for many flat owners, the government announced today – three and a half years after the Grenfell Tower fire. Robert Jenrick announced […] Click here to view original…
UK government vows £3.5bn extra cash and developer taxes to fix cladding scandal
Britain’s housing secretary Robert Jenrick. Photo: Henry Nicholls/Reuters The UK government has announced £3.5bn ($4.8bn) extra funding and two new taxes on developers to fix the cladding scandal, promising leaseholders in high-rise blocks in England will face no costs for safety works. Campaigners and opposition MPs said the measures […] Click here to view original…
Extra £3.5 billion announced to replace unsafe cladding – but some leaseholders will still pay
Housing secretary Robert Jenrick has announced £3.5bn more funding to remove dangerous cladding from high-rise buildings in England, but it will still leave leaseholders paying thousands for other related costs. The additional funding will cover cladding removal from buildings over 18 metres or six storeys, meaning leaseholders in buildings […] Click here to view original…
Fury at new cladding scheme – how it works and why it ‘betrays’ flat owners
Five-figure bills will finally end for some flat owners after years of grief – but it’s an unequal system Get US and UK politics insight with our free daily email briefing straight to your inbox When you subscribe we will use the information you provide to send you these […] Click here to view original…
Leaseholders should not have to pay for cladding fix, brokers say
Leaseholders living in properties with potential or confirmed unsafe cladding should not have to pay any costs towards remediation, brokers have said. Housing secretary Robert Jenrick announced a £3.5bn fund to help remove unsafe cladding from high-rise buildings over 18m. Meanwhile, leaseholders of shorter properties will pay towards construction […] Click here to view original…
UK Property developers hit with new taxes to pay for unsafe cladding removal post-Grenfell
The reforms are being introduced to stop another incident similar to Grenfell Tower happening again (Getty Images) Shares in major UK property developers have fallen this afternoon, after an announcement that they will be hit with new taxes to pay for the government’s unsafe cladding removal scheme. Housing secretary […] Click here to view original…
RIBA “frankly shocked” by limit of £3.5 billion cladding-removal plan
The Royal Institute of Britsh Architects has criticised the British government for its “naive” decision to only fund the removal of Grenfell -style cladding on housing over a certain height. RIBA fire safety expert Jane Duncan said she was “frankly shocked” that there will only be funding to remove […] Click here to view original…
Jenrick poised to unveil further cladding crisis funding
Grenfell cladding firm didn’t withdraw ACM for ‘commercial’ reasons, inquiry hears There was an unpleasent echo of history in Robert Jenrick’s comments on cladding Welsh government urgently seeking clarification over cladding announcement Cladding tax is ‘laughable’, says property developer Leaseholders in blocks under four storeys ‘confused and stressed’ by […] Click here to view original…
Housebuilder Persimmon sets aside £75m to address cladding safety issues
Persimmon flags on a housing development / PA Wire/PA Images P ersimmon has set aside £75 million to address cladding safety issues in some of the buildings it has previously worked on, the FTSE 100 company has said. The firm has made that provision in its 2020 results to […] Click here to view original…
Persimmon sets aside £75m to remove potentiall dangerous cladding
Cladding checks on a housing complex in Wythenshawe Housebuilder Persimmon has set aside £75m to pay for work to remove and address potentially unsafe cladding on 26 multi-storey buildings. The York company said it would book the charge in its 2020 results to cover its contribution for work on […] Click here to view original…