Cladding victim (E16) Bill 'approximately £67k' according to our managing company though who knows really 🔥😪 Waking Watch from March 2021😥 Insane insurance.
3 years ago I came top globally in my accounting exams. Now I'm stuck in a flammable flat, facing extortionate cladding bills and possible bankruptcy as a result of a change in legislation. I'd also lose my accountancy qualification. #bittersweet#whybother#endourcladdingscandal
Jeremy Hunt has been warned that the government could face a multi-billion pound bill to rescue up to 1.7 million potential financial victims of the post Grenfell building safety crisis. If nothing is done, the government could face the risk of large numbers of innocent people losing their homes and lenders facing heavy losses as leases are forfeited.
https://t.co/SLv0O7M3qi
If the [Earl of Lytton's] amendment is rejected next week, then the chancellor faces the difficult choice of residential valuation write downs and even people losing their homes with all the negative repercussions for the banking system or the government having to step in to bail out up to 1.7 million people and continue with the problematic three tier flat market.
This is the biggest long shot of my life. But I simply have to try.
Please, please share this. You just never know what might happen 🙏🏻
Can you possibly help @Se_Railway@RingGo_parking@kent_police & let me know what forms to fill in please. I’d be so very grateful.
Watching Sunak confirm each RAAC school will have a case worker and extra funding to help with repairs. Some of these children will be sleeping(!) in dangerous homes. Why doesn't the response match? #EndOurCladdingScandal#BuildingSafetyCrisis
FT (£) “The Home Builders Federation claimed “nutrient neutrality” rules cut housing supply by 41,000 homes a year.” Will 41,000 more home spring up in 2024 as a direct consequence of the rule being scrapped? Of course not. https://t.co/ziaTHlbqK1
Let's not forget what happened the last time red tape around home building was cut @michaelgove @luhc @SimonClarkeMP: the #BuildingSafetyCrisis#EndOurCladdingScandal which still isn't fixed *years* after the tragedy at Grenfell Tower 💚 - sometimes red tape is common sense!
THEY LIED!
The last pretence that this govt gives a hoot about the environment finally blown asunder.
Greenest govt ever? Lie. Not lower enviro standards? Lie.
Leave rivers in a better state? Lie. All of it, lies.
NOTE: You cannot offset a dead river.
https://t.co/yqLaU1MUgA
@AlexandraRosu16 How has leasehold been possible since the 11th Century? Because rich and powerfully corrupt beneficiaries enjoy idly lapping up the cream. Did you believe billionaire Sunak when he ditched reform because 2 years is too short to fix it? I sure as hell didn't.
As always great coverage by the @GMB team.
Nutrient neutrality rules are meant to protect our most sensitive rivers like the River Wye recently downgraded to “unfavourable-declining”, ie, it's dying.
Note. @TaylorWimpey reported profits of £828.6m in 2021 and £923.4m in 2022.
6 years after Grenfell, there are still thousands of dangerous buildings in the country, some with multiple fire safety defects.
Developers cut corners to increase profit margins for DECADES.
Most of us are trapped, still waiting for them to start fixing the mess they created.
Just a reminder that Dorries was paying her daughter as “Executive Secretary” out of public money while Dorries junior had a full time job at a law firm #ToriesCorruptToTheCore
Join over 30,000 people and sign our petition to ensure every homeowner in the country is protected from horrendous building safety remediation costs with the Earl of Lytton's https://t.co/6mb7YFFbg3
SIGN HERE: https://t.co/oxfok74rpj
#EndOurCladdingScandal #BuildingSafetyCrisis @TedBaillieu@gtomlin@DgLimited @ahillslegal @ZahrahAullyboc2@drfsawtell
Similarly our ground rent went from 350 to £711 😱😱😱 Thanks Abacus Land faceless company . The same freeholder who have done nothing to help our fire safety, and literally do nothing for free money. @michaelgove
Ground rents (GR) 💰
Our development has 600 flats.
Until last year our GR was £300 a year per flat.
The freeholder's income from GR was £180,000 a year.
Last year our RPI-linked GR went up 56% 💸
Now our freeholder will cash in £280,800 a year from GR alone.
#leasehold
@LostInSW19@CMAgovUK@LKPleasehold@NLC_2019 Yep - lease started in 2003, first buyers moved in in 2007, GR re-set based on RPI every 20 years. I don’t recall my solicitor highlighting it as it was already above 0.1% of the property value when I bought it in 2014!