The Government is now coming under fire from all directions for not acting swiftly and decisively to end the cladding crisis. Two select committees have slated the progress made to-date and the press continues to take the MHCLG to task. Now London Mayor Sadiq Khan has joined the fray and is urging the government to take steps to get leaseholders out of the ever-worsening financial trap they find themselves in. London is home to 63% of high rise buildings in the country and 55% of Londoners live in flats and maisonettes. There is real hardship for leaseholders out there and our Capital City is disproportionately affected.
Inside Housing reports today that the Mayor is calling on the Housing Secretary Robert Jenrick, to “unstick the flat sale market” and urging him to address a number of key points. He is urging the Government to:
In the main, we completely agree with the Mayor. Tracking and tracing building owners is often far from simple and the government must be prepared to step in with cash where necessary. Leaseholders are not to blame for safety defects.The cladding crisis has gone on too long and the government still seems unaware of the scale of the problem, and the very real pain it is causing for thousands of flat owners around the country on a daily basis. There is clearly a conversation to be had with mortgage providers and insurers at the highest level. Lenders should be very clear on which buildings require an EWS1 form and which do not. This is a situation that will not simply resolve itself and greater Government intervention is now badly needed.
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