Here’s how a room with a view could stop you from selling

property market overview Research by London lettings and estate agent, Benham and Reeves, has highlighted how many sellers may find themselves unable to secure a buyer in 2023, should their home have a balcony that has been constructed with combustible materials such as timber. Following the Grenfell tragedy, any […] Click here to view original…

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Here’s how a room with a view could stop you from selling

property market overview Research by London lettings and estate agent, Benham and Reeves, has highlighted how many sellers may find themselves unable to secure a buyer in 2023, should their home have a balcony that has been constructed with combustible materials such as timber. Following the Grenfell tragedy, any […] Click here to view original…

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Lenders to offer mortgages on flats with cladding under new guidance

Andy Rain Leaseholders and prospective buyers will now have more clarity on purchasing homes with building safety issues, such as cladding, following an update from mortgage lenders and the Royal Institution of Chartered Surveyors. Updated Rics guidance, to be in place from January 9 2023, will help value properties […] Click here to view original…

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Multi-occupancy residential buildings: Commission transparency

What is the FCA’s review of insurance for multi-occupancy buildings? In January 2022 former housing secretary Michael Gove suggested the insurance market was “failing” some leaseholders living in blocks of flats due to premiums “rapidly escalating” following the Grenfell Tower tragedy. Gove said despite progress to remove dangerous cladding, […] Click here to view original…

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Basildon Council’s fire safety plan for Brooke House doors

Fire safety – Basildon Council plans to replace Brooke House’s communal and flat doors (Image: Basildon Council) BROOKE House’s flat and corridor doors “fall considerably short” of fire safety standards. Basildon Council is planning to replace the unsafe doors on every floor of the iconic building. Built between 1960 […] Click here to view original…

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Mortgages available soon for flats hit by unsafe cladding

January 9 is the date from which a range of mortgage lenders are honouring their commitment to ensure flats in blocks with unsafe cladding can be bought or re-mortgaged. A commitment was made back in July to re-create a market for landlords and owner occupiers alike. Lenders withdrew mortgage […] Click here to view original…

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Construction firm O’Hare & McGovern agrees to fix cladding at Obel Tower

Belfast’s Obel Tower A construction firm has agreed to fix any fire protection defects at Ireland’s tallest residential building, the High Court has heard Counsel for O’Hare & McGovern confirmed it will carry out all necessary remedial work at the Obel Tower in Belfast. The breakthrough came in a […] Click here to view original…

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Wicker Riverside: Sheffield apartment block part shut over fire safety fears

A prohibition notice was originally served on Wicker Riverside back in December 2020 People living in a Sheffield apartment block have had to move out of their homes while work is carried out to improve the building’s fire escapes. Residents on the upper floors of Wicker Riverside Apartments were […] Click here to view original…

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Cost of living: Man slams ‘mini mafia’ Housing Association forced to return £25,000 to residents after they ‘lost the receipts’ for electricity bills

Ed Spencer has branded OneHousing a ‘mini mafia’ after managing to win back thousands in service fees for residents in his building A man has won back more than £25,000 for services he and his neighbours overpaid for after their housing association failed to provide receipts, claiming it had […] Click here to view original…

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