Cladding

Hundreds of thousands of homeowners trapped in buildings with cladding may now be able to sell their properties after Britain’s largest mortgage provider scrapped its ban on lending. Lloyds has removed its requirement for blocks of flats that are five floors or taller to have an EWS1 certificate, a […] Click here to view original…

Many cladding-hit homeowners will remain trapped in unsellable flats despite new efforts to unblock the mortgage crisis affecting them, campaigners have warned. They described the new guidance to help with the valuation of cladding-hit flats as ‘well-meaning’. But they went on to say that they had ‘serious concerns’ about […] Click here to view original…

A tower block in Salford that had exterior cladding removed in the wake of the Grenfell Tower fire. Six of the UK’s largest banks will start lending on medium and high-rise flats with cladding from January, in a move that could help thousands of people stuck in properties they […] Click here to view original…

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…

Owners unable to sell their flats because of unsafe cladding will soon see an end to years of being left in limbo. From January 9, six major banks will scrap their ban on lending on hundreds of thousands of medium to high-rise homes deemed a fire risk. Barclays , […] Click here to view original…

Owners unable to sell their flats because of unsafe cladding will soon see an end to years of being left in limbo. From January 9, six major banks will scrap their ban on lending on hundreds of thousands of medium to high-rise homes deemed a fire risk. Barclays , […] Click here to view original…

The top three floors of Cardinal Lofts in Ipswich were evacuated on 15 November Residents forced to leave their waterfront homes due to fire-risk at their tower block have been told they may not be able to return for a year. The top three floors of Cardinal Lofts in […] Click here to view original…

The news will be welcomed by thousands of people who have been unable to sell or remortgage their flats with unsafe cladding. (Photo by Leon Neal/Getty Images) A handful of the country’s biggest banks will consider mortgage applications for some flats with dangerous cladding from January, in a sigh […] Click here to view original…

Lloyds Banking Group PLC (LSE:LLOY) and five of the other main UK mortgage providers have given some relief to flat owners in high-rise blocks blighted by cladding issues by offering loans again. Owners of properties above 11 metres high will now be able to sell or re-mortgage their properties […] Click here to view original…

A memorial to the victims of the 2017 Grenfell Tower fire in London. Photographer: Chris J Ratcliffe/Getty Images 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. Barclays […] Click here to view original…