Khan calls for £3bn cladding levy on house builders
City Hall analysts said publicly listed house builders have made pre-tax profits of £30bn over the last decade. Khan is proposing a 10% levy paid over ten years to raise £3bn to carry out remediation work needed after the Grenfell fire. City Hall said the staged payments would reduce […]Click here to view original web…
Leasehold scandal: ‘Massive’ breakthrough as UK’s largest housebuilder eliminates ground rents
Barratt Developments is beginning to offer 999-year leases and zero ground rent on new-build flats Campaigners have hailed a breakthrough in the leasehold scandal that could help thousands of prospective homeowners after the UK’s largest house-builder eliminated ground rents on its new developments. Barratt Developments is beginning to offer […] Click here to view original…
Flat owners are being left to pay a high price for the Grenfell Tower horror
BECAUSE we’ve all been focused on the twin monsters of Brexit and the coronavirus, no one’s been paying much attention to the inquiry into what made the Grenfell fire so catastrophically lethal. And people have been paying even less attention to what’s being done to help those who currently […] Click here to view original…
The perils of shared ownership
Fancy buying half a flat, paying 100 per cent of the maintenance and the cost of putting right a developer’s shoddy work? Therein lies the great scandal at the heart of shared ownership, the government scheme which BBC Panorama exposed last week but which I others were writing about […] Click here to view original…
Sadiq Khan calls for £3bn levy on property developers to fund replacement cladding
Buildings have been fitted with flammable cladding which needs replacing Sadiq Khan has called on the government to impose a £3bn levy on private housing developers that will fund fireproof cladding in the UK. Thousands of residents in private and social housing are still waiting for replacement cladding following […] Click here to view original…
Lambeth orders cladding removed from converted office block
32 minutes Lambeth Council has ordered urgent safety improvements at a Streatham tower block after an inspection revealed a series of fire safety deficiencies. Norwich House Apartments as seen on Google Street View Council officers have served an improvement notice on the private owner of Norwich House Apartments, requiring […] Click here to view original…
Galliford Try shareholders revolt over executive pay | Construction News
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Sheffield’s council block cladding: What went wrong?
Following the Grenfell Tower fire in June 2017, the Government instructed all local authorities to test the cladding on all high-rise buildings to verify their safety. Of the 24 residential tower blocks owned by Sheffield City Council, the Hanover Tower block (in my ward of Broomhill and Sharrow Vale) […] Click here to view original…
‘Risk-based’ approach to EWS1 situation planned
ACCORDING TO the Financial Conduct Authority (FCA), the government and banks are working on a more ‘risk-based’ approach to assessing properties with cladding. Last month , Prime Minister Boris Johnson revealed in parliament that a reassessment of the form was being undertaken by RICS, after the news earlier this […] Click here to view original…
Andrew Dismore: Ministers must address the plight of leaseholders trapped in fire-risk homes
The devastating fire at Grenfell Tower has had ramifications far beyond the terrible destruction it wrought on that day in 2017. As the sheer scale of the use of unsafe cladding on buildings in the capital became clear, life changed for tens of thousands of Londoners. Prior to Grenfell, […] Click here to view original…
Ipswich cladding issue branded “absolute injustice”
Residents at Cardinal Lofts have been told to pay for their own fire wardens. Last updated 2 hours ago Despite surveys undertaken following the Grenfell Tower tragedy determined the block of flats in Ipswich posed minimal risk, residents have seen the unexpected introduction of a waking watch service. According […] Click here to view original…
Hidden housing scandal: what landlords need to know about cladding, EWS1 forms and more
Media City, Salford Quays. Picture for illustrative purposes The small buy-to-let was meant to fund their retirement, but it could be their ruin. Two years ago Christine and Robert Marshall invested in a one-bedroom modern flat in Maidstone, Kent. Now its tall block, converted from offices in 2016, is […] Click here to view original…