by: Mary-Anne Bowring/City AM
Among the political shambles of this week, something remarkable happened:
someone stepped in to say a word or two about how to fix the cladding crisis. This someone was the Secretary of State for Levelling up, Housing and Communities, Michael Gove. His intervention was met with relief that an issue which has languished on the political backburner has finally been acknowledged. For leaseholders stuck in unsafe and worthless buildings, it was a sign of hope. For builders, at least they knew what they were facing.
But according to Mary-Anne Bowring, group managing director at property consultant Ringley Group, there’s still considerable uncertainty over the scope of the new measures. At first, it was about almost all inflammable materials – since then it’s been hard to pin down. Those who have some cladding on the building, but aren’t completely enveloped by it, might miss out on the cash cow.
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