Trapped leaseholder caught between corporates (Barratt and Aviva) and an incompetent government trying to wash their hands of liability and responsibility.
The lawyer leading Leaseholder Action, @LiamSpender, was invited to address members of the Leasehold and Commonhold Reform APPG about the leasehold commission scandal.
Watch here: https://t.co/nXVFbIHQ9R
#Leasehold#Insurance#InsuranceCommission#ClassAction
Simple yet powerful 33 second summary of the #BuildingSafetyCrisis & cladding scandal.
Excerpt from @BarryGardiner ‘s new investigative documentary launched this week called simply “Leasehold”
@EOCS_Official Did you ask about @AskNationwide’s scandalous addition of 1% to the mortgage rates of those who let out their property? None of the big banks do this. No exception for those trapped by the cladding crisis, unable to sell or remortgage.
@nearlylegal hi, I’m planning to add my wife onto the title (and mortgage) of our cladding impacted flat. Would this require a variation to the lease, and would this mean the lease would lose its qualifying status under BSA? Thanks, Jamie
@HSBC_UK – why have you rejected my mortgage application? In January you committed to lend to #leaseholders impacted by the #claddingcrisis. You approved my application on 23rd June subject to a professional valuation. 1/5
@RishiSunak Another homeowner here trapped by the #cladding crisis. Bought it 9 years ago using gvt��s HTB scheme. 125 flats in our tower block. Not a single one has sold for 3 years.
@HSBC_UK I phoned today but not much help as the application was thru a broker and the mortgages team don’t have access to the relevant system apparently. I have filed a formal complaint and have reached out to 2 journalists.
@luhc HSBC not lending despite me passing all the borrower checks and having zero liability #claddingcrisis@Lees_Martina wanted to make you aware of this story