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Monday, February 24, 2020

Half a million people in UK live in flats with unsafe cladding – report

Pressure growing on ministers to launch £2bn bailout ahead of rally by debt-stricken leaseholders

More than half a million people are living in unsafe private apartments wrapped in combustible cladding, according to a survey by property agents, as pressure grows on ministers to launch a bailout that could cost over £2bn.

The estimated scale of the post-Grenfell cladding crisis is far higher than previous government figures have suggested and comes ahead of a rally in Westminster on Tuesday, when leaseholders from Manchester, London, Birmingham, Southampton and Ipswich facing unaffordable bills of up to £100,000 each will demand action from ministers.

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from Property | The Guardian https://ift.tt/3c7qpX8
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