Policyholders see premiums jump nearly 800%

Owners of apartments with flammable cladding are facing an astronomical rise in insurance premiums in the aftermath of the Grenfell Tower tragedy, with some seeing prices jump nearly 800%. The situation comes as many providers are hesitant to provide cover on their own, opting instead to share risks with […] Click here to view original…

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‘Nightmare’ as Thamesmead residents faced with £13m fire safety bill

An image of the Royal Artillery Quays, where residents are weighing up a combined ?13m in fire safety repairs. Image: Supplied Hundreds of south-east London residents fear they’ll be lumped with a £13m bill to remove potentially-disastrous flammable cladding from their tower-block homes, with one describing the situation as […] Click here to view original…

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Couple living in a flat with dangerous cladding say they may have to declare bankruptcy due to the £25,000 cost of removing it – and fear it means they’ll never be able to start a family

A couple living in a flat with dangerous cladding say their life is ‘on hold’ and they may have to declare bankruptcy due to the £25,000 cost of having it removed. Abi Tubis, 29, of Leeds, is among the thousands of people across the UK who are trapped living […] Click here to view original…

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Dangerous cladding removed from less than half Southwark’s affected blocks

Less than half have had cladding removed L&Q’s Arch Street – residents had to move out in 2019 during remedial work after fire safety problems were identified. Residents in other blocks around the country have not even had work begin. More than three years after the Grenfell tower disaster […] Click here to view original…

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Number of tower blocks in London with 24-hour fire patrol doubles

image captionGrenfell Tower fire in June 2017 where 72 people died The number of blocks of flats in London which require round-the-clock monitoring due to potentially unsafe building materials has nearly doubled in seven months, the fire service said. The London Fire Brigade, which makes fortnightly checks on the […] Click here to view original…

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Coordinated effort needed on cladding as borrowers face years in limbo – Ganatra

Homeowners living in flats are finding it near impossible to remortgage where they cannot provide evidence of an external wall survey which confirms the building is free of combustible materials. In the wake of the Grenfell disaster, surveyors acting for mortgage lenders are making extra checks to ensure a […] Click here to view original…

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Government urged to foot £15bn bill to fix unsafe cladding

Phil Spencer is calling on the government to take control of the growing cladding crisis by providing the funds required to fix the situation. Three years on from the tragic Grenfell fire, an estimated 2,000 high risk residential buildings still have combustible cladding on them, and the problem simply […] Click here to view original…

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British homeowners face bankruptcy, homelessness

When single mother Timea scraped together enough money to buy a two-bedroom flat in London, she looked forward to providing her son with the security of their own home. But two years later, Timea and thousands of other homeowners in Britain face bankruptcy and homelessness due to the cost […] Click here to view original…

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