@LQHomesMatter@LQcontactus@michaelgove @luhc when will the remediation works be started on Rosing Apartments in Bromley still no reply from l&q only saying they will start all their remediation by 2025! That is 3 years away! They should buy all s/o properties back!
5 years on from #Grenfell, nothing has changed for many leaseholders who are still living in unsafe buildings unable to move, still punished financially and mentally on a daily basis.
@MichaelGove@Lee4NED#EndOurCladdingScandal
https://t.co/Vr7aoOSP4V
🗨️ Lord Young:
"A dedicated allocation to support the buyback of unmortgageable shared ownership properties within the current Social and Affordable Homes Programme is the solution."
https://t.co/KGVFY0zNTa
Most shared owners trapped in unmortgageable and unaffordable homes are saying the same thing: they need a way out.
They want buybacks.
Thank you @JessBrownFuller for asking this question👇
🖇️ Minister response in next post
They are effectively paying the price for a crisis they did not create, and for trusting a government-backed scheme that promised an affordable home.
This is why we are calling on the Government to fund a national buyback scheme for shared ownership homes.
@LostInSW19@EOCS_Official@RidgeandFrost@SophyRidgeSky Yes same for my son and partner they were both 24 when they entered the disastrous shared ownership market now both 34 and stuck in an l&q flat needing remediation but no idea when.
@SharedOwnersNet@EOCS_Official@NonQualifyingLH I agree 4 flats up for sale in my block cannot sell even though they have assurance remediation will be covered ny HA. Shared owners are affected by having to reduce price and lose all the deposit that they put down originally which should have helped them move on.
@AngelaRayner what will you do to stand up for #cladding victims?? I’m £60,000 in debt for something I didn’t create or is my fault & something that will push me into debt into my late years as I’m almost 60 now! I’ve got nothing to fall back on no savings🤬
@HarryScoffin@OpiniumResearch My partner and I are definitely part of that 41%. We will not be able to have kids, as we can’t move. It’s a disgrace that our lives are so impacted due to greed and politics.
@paullewismoney I agree with you, Paul. Market value is what a willing buyer will pay. Yet as a shared owner, I must sell at the (often higher) *RICS* valuation.
If a buyer offers less, I must pay the difference on 100% shares to the housing association.
That's why many of us are trapped.
Strange how the minister in charge of building safety has nothing to say about building safety, whilst overseeing the biggest building safety scandal of our lifetimes. Labours first year has been absolutely abysmal if you’re a leaseholder. #EndOurCladdingScandal
@cladtrap@wharfgirl@KirstieMAllsopp I was forced to rent as i know i cannot sell unless i give it away at auction. Even then i'll still incur big fees.
Even when you do staircase to 100% you get ripped off - @lbbdcouncil rejected the valuation provided by their preferred surveyor when I stair-cased and insisted I pay £40k more than the valuation as they “felt it was worth more”.
I was effectively held to ransom for the rest of my home.
@FloEshalomi@PeterTFortune why can’t HAs buy back s/ownership properties affected by the BSA which gov created and has affected the selling of s/o flats to help solve the housing crisis. S/ownership owners need help now not future s/ownership owners. Help the current owners.
@FloEshalomi@PeterTFortune why can’t HAs buy back s/ownership properties affected by the BSA which gov created and has affected the selling of s/o flats to help solve the housing crisis. S/ownership owners need help now not future s/ownership owners. Help the current owners.
@MartinSLewis@GMB Many flats that are unmortgageable as a result of the building safety crisis are empty as people can't sell.
Victims of the building safety crisis are charged twice the normal council tax for 'second home' / empty home.
Why are councils cashing in due to @mhclg incompetence?
@Keir_Starmer A safe home? Lucky you @Keir_Starmer.
Interesting fact to bring up right after the #Grenfell anniversary and knowing thousands of buildings around the country are either physically unsafe or making leaseholders unsafe financially.
@Keir_Starmer Lucky you.
I was sold a so-called 'affordable' home (shared ownership) and it turned out to be unaffordable, as well as unsafe.
Despite warm words in opposition, your govt hasn't done anything to solve the building safety crisis.
Building more fire traps won't help anyone.
@LAURENCSTANLEY It was a roof over my head. It was sold as affordable housing. It isn't. It's a prison I can't escape from, with unmanageable escalating costs. Housing providers make estate agents look like good Samaritans.
I'd go back to renting in a flash if I could. Most shared owners would.
Free Deepa - Sign the Petition! https://t.co/PlDxE8uo1b via @UKChange
And free all of us that are trapped in unsaleable #sharedownership properties! Housing Associations need to take more responsibility and step up!
What Pete said.
Also: London Councils are spending £4 million a day on temporary accommodation.
@MayorofLondon could use his AHP acquisition 💰 to buy back shares of unmortgageable shared ownership flats.