In Biba’s latest manifesto themed ‘Resilience’ launched today, the trade body has deemed the ongoing problems with cladding for professional indemnity insurance and buildings insurance “vital to resolve” In the aftermath of the Grenfell Tower fire, Biba has pledged in its latest manifesto to work with the government and […]Click here to view original web…

The extent of work that can be covered to make tall buildings safe must be expanded, writes Sean Clemons With all the recent headlines on how high-rise tenants are being hit by large bills for the replacement of unsafe cladding, it is good news that the government is reconsidering […] Click here to view original…

House Democrats are working on details of their graduated plan to raise the U.S. federal minimum wage to $15/hour. Democrats are looking to include the first hike to the federal minimum wage since 2009 in President Biden’s coronavirus relief bill. They plan to revise the proposal Tuesday, but it […] Click here to view original…

The horrific events relating to Grenfell in June 2017 was one of the UK’s worst modern disasters and really put the spotlight on cladding and fire safety. In the aftermath of Grenfell, the industry had to rethink how we continue to value property and provide borrowers, lenders and stakeholders […] Click here to view original…

From: Gerald Hodgson, Spennithorne, Leyburn. Pictures of cladding being removed from a Sheffield tower block in the wake of the Grenfell tragedy. GERALDINE Scott’s article (The Yorkshire Post, February 2) highlights the dreadful situation first exposed by the Grenfell disaster nearly four years ago. This situation must be resolved […] Click here to view original…

The Property Managers Association Scotland has called for the Scottish Government to offer financial assistance to the thousands of flat owners caught up in the ongoing cladding issue. Owners of flats in modern blocks across the UK are receiving mortgage ratings of zero due to fire risks discovered in […] Click here to view original…

Grenfell-type cladding was found at Nobel House in Redhill in summer 2020 Hundreds of Surrey residents are trapped in unsafe homes they cannot sell because they have the same type of cladding used on Grenfell Tower, while others are clad with materials also deemed unsafe. Residents of Nobel House […] Click here to view original…

It’s just been announced that ministers are considering a huge bailout package for leaseholders hit by what many are now calling the cladding scandal. A step in the right direction? Undoubtedly. A means to an end? I’m less hopeful. The truth is that we’ve heard it all before. Around […] Click here to view original…

Investment bank Moelis has entered the strata lending market to help apartment owners in NSW remediate their combustible cladding, after agreeing to fund specialist lender Lannock’s warehouse facility and speed up moves to securitise cladding rectification loans. Moelis will provide mezzanine finance worth tens of millions of dollars – […] Click here to view original…

Government pressure and the cladding and leasehold scandals have pushed the property industry to regulate itself and overhaul quality standards for new properties. … To continue reading Already a subscriber? Log in Enjoy unlimited access to all articles Choose from all our exclusive newsletters Unlock money-saving offers and events […] Click here to view original…

Homeowners stuck in fire-trap flats could see their insurance claims paid by the state in a bid to put a brake on spiralling bills. Ministers are facing calls to step in to fix the market after the Daily Mail revealed that insurance premiums had soared by £1.6billion a year […] Click here to view original…

700,000 people are trapped in homes at risk of fire Rebel Conservative MPs have dismissed as “dead on arrival” a plan to solve the cladding scandal by introducing loans to repair dangerous and poorly constructed homes. Last night a Treasury source insisted that Rishi Sunak, the chancellor, was “working […] Click here to view original…