Michael Gove’s cladding plans stall as developers refuse new terms

Attempts to remove all dangerous cladding from buildings in the wake of the Grenfell Tower disaster have stalled after developers refused to accept Michael Gove’s terms for carrying out the work. Housebuilders were given until December 9 to sign up to a scheme that would have ensured all Grenfell-style […] 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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UK Banks to Restart Loans on Apartments With Flammable Cladding

(Bloomberg) — Six of the UK’s biggest lenders will start offering mortgages for high-rise flats affected by the cladding scandal in a move that could help thousands of Britons sell their homes. Most Read from Bloomberg Barclays Bank Plc, HSBC Holdings Plc, Lloyds Banking Group Plc, Nationwide Building Society, […] Click here to view original…

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£500k boost for Southwark cladding sufferers “way off” what is needed

A protest banner hanging from Peckham’s Cooperative House, an L&Q block affected by cladding Southwark leaseholders endangered by unsafe cladding have received a £500,000 boost from central government – but experts say it’s “way off” what is needed. On December 9, the housing department announced £8 million is being […] Click here to view original…

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