Government's Commitment to Cladding Reform: A Year Later

Michael Gove's statement on cladding issues was strong, but a year after his declaration, the question arises: How much has truly changed for leaseholders and building owners?

The Impact of Unsafe Cladding on Property Sales

With lenders reluctant to finance flats in buildings with unsafe cladding, many property owners are unable to sell or even refinance their homes, leaving them stuck in uncertain situations.

The Building Safety Act: What Does it Actually Do?

Enacted in April 2022, the Building Safety Act aimed to make developers responsible for repair costs, but its practical application is still under scrutiny. Leaseholders are left in limbo as the government’s promises appear insufficient.

Clarity from Industry Leaders: What Are the Lenders Saying?

Key financial institutions, including Barclays, HSBC, and Santander, have committed to financing properties above 11 meters, but only under strict conditions. What does this mean for owners in unsafe buildings?

The Law Commission's Role and the Exclusion of Homes Under 11m

Despite some progress, campaigners argue that those in buildings under 11 meters with ACM cladding remain unfairly excluded from financial support. The Law Commission's proposals have sparked a debate about the fairness of the current system.

Promises of Legislative Action: Will the Housing Minister Deliver?

Housing Minister Lucy Frazer has promised reforms to make the lease extension process more affordable and transparent. Will these proposed changes be enough to address the ongoing issues and provide real protections for leaseholders?