Leasehold flat owners could see billions wiped off the value of their properties, should they find they own one of the properties affected by ACM and other unsafe materials, according to new research from StripeHomes.
Simplified External Wall System (EWS) guidance to help leaseholders sell flats in blocks with external cladding has been issued by the Royal Institution of Chartered Surveyors’ (RICS).
Price growth and transactions for flats are lagging behind the wider market in the wake of the Grenfell disaster and the continuing cladding scandal - a sign perhaps that our love of the flat has hit a rocky patch.
Conservative MPs have piled pressure on the government to act swiftly to stop flat owners being forced to pay vast sums for the removal of flammable cladding, a situation one called “a living nightmare” for many leaseholders.
Flat owners who have struggled to sell their homes because of fire safety risks, despite not having any cladding on their building, could soon be able to find buyers after surveyors proposed changes to how the properties are valued.
Over two years on, the shockwaves of the Grenfell Tower disaster are being felt throughout the residential property industry, as legal expert, Tim Middleton explains.
Ministers have revealed an industry initiative to help leaseholders and mortgage lenders access information on building safety and help thousands of people stuck in homes they have been unable to sell since Grenfell.
The owners of tall buildings face pressure to continue removing dangerous cladding, despite coronavirus, after a new fire test showed how quickly flames can spread.
Lois Ploughman thought her property was a sound investment to leave her family. Instead, her daughter was bequeathed a huge headache
The shadows are about to lengthen across suburbia. Property owners are to be granted new rights to install extra storeys on housing blocks without planning permission in a government push to boost homeownership that appears likely to provoke furious neighbourhood debates.
Historic England has launched a consultation on its updated draft advice note to guide the planning and design of tall buildings.
Originally published in 2007, the Tall Buildings Advice Note was last published in 2015.
Not satisfied by securing planning permission last week for the first ‘super slender’ skyscraper in the UK, Birmingham’s Taylor Grange has now announced plans for a £280m mixed-use residential scheme in the city.
Mounting confusion about cladding has forced many to rent – or live in unsaleable homes
In the wake of the Grenfell disaster, owners of high-rise apartments are finding their flats are worth zero
A London office block is to be turned into apartments, and some could be just 4 metres by 4 metres
Helen King is desperate to sell her east London flat so that she can finally move in with her partner.
She has had a buyer lined-up for five months, but the sale has not progressed.
Ms King needs to supply them with a cladding safety report for her property to be valued and a mortgage secured.
Internal comms failures meant couple weren't told about dangerous cladding before they completed on the deal, a Trading Standards investigation found.
Changes to building fire regulations have significantly delayed new build sales in blocks above 18 metres, according to a new report.
Plans for a housing regulator are among 22 new bills in the Queen’s speech as the Tories try to move on from Brexit
High-pressure laminate must be taken down, fire safety advisers tell government
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