Posts Tagged ‘lenders’
I live in a block of flats with dangerous cladding and can’t afford the potential £40,000 bill to get it removed, what can I do?
I live in a leasehold flat with dangerous cladding and face a repair bill of £40,000 to get it removed and replaced with safe materials. I’m unable to pay this on top of my mortgage. What happens if I miss my mortgage repayments for several months in a row […] Click here to view original…
Read MoreHomeowners face sales falling through and zero valuations due to fire safety test delays
Homeowners have found themselves stuck with unsellable and potentially unsafe flats due to delays over fire safety tests. Which? has been contacted by more than 120 readers who are facing difficulties buying, selling or remortgaging flats due to lenders asking for a safety certificate that they’re finding impossible to obtain. Here, we explain a chain…
Read MoreRed tape nightmare that stops millions selling their homes: Lenders demand proof buildings do not pose fire risk
Thousands of people living in flats say they can’t remortgage or sell their homes due to new safety advice issued in response to the Grenfell Tower fire. Concerns over cladding mean that lenders will not offer a new mortgage on some apartment block homes without paperwork to prove the […] Click here to view original…
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