After Grenfell, homebuyers told their flats are worthless

Thousands of property owners in tower blocks are unable to sell or remortgage in the wake of the disaster

Lucy Stevenson is one of a new breed of “mortgage prisoners” – trapped in an unsaleable home, rejected by lenders when trying to remortgage – because her flat is in a tower block caught up in the fallout from the Grenfell disaster.

“I’m trapped... I’ve had to completely change all my plans because of this, and the stress has been unbearable,” says the NHS worker. And she is far from alone – it was claimed this week that there may be as many as 500,000 flat owners in a similar position.

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Top tips to ease the house buying process Nottingham Estate Agents

Buying a house, it is often claimed, is one of the most important decisions you ever take. Buying a home is a decision which, thanks to the difficulty of getting on the housing ladder, more and more people are taking later in their lives. But buy the right house at the right time and the […]

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Let’s move to Walton-on-the-Naze, Essex: it has seen off the sea for centuries

The waves, I should add, do not need encouragement. The soft marshy sludge and crumbly fudge of the land is disappearing

What’s going for it? The Naze, since you’re asking, is the promontory or “ness” of land, colonised by seals and barely above sea level, curled come-hither into the North Sea like a finger beckoning the waves. The waves, I should add, do not need encouragement. The soft marshy sludge and crumbly fudge of the land round here is fast disappearing, with bungalows lined up like King Canutes before the sea with nought but a strip of green, promenade shelters and beach huts as the first line of defence. Not that the town itself seems overly concerned, yet, and on the plus side, you can find fantastic fossils fallen from the cliffs. It’s a lovely, jovial spot, with the air of a seafaring community that has seen off the sea for centuries. It’s the unpretentious twin to hoity Frinton next door, all bric-a-brac shops, caffs and purveyors of buckets and spades, oddities like the Naze Tower, glossed over with a becoming 1950s sheen, as if Telstar were still high in the hit parade, and the climate emergency was a worry decades into the future.

The case against The original town of Walton is miles out at sea. You have been warned.

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Let’s move to Walton-on-the-Naze, Essex: it has seen off the sea for centuries

The waves, I should add, do not need encouragement. The soft marshy sludge and crumbly fudge of the land is disappearing

What’s going for it? The Naze, since you’re asking, is the promontory or “ness” of land, colonised by seals and barely above sea level, curled come-hither into the North Sea like a finger beckoning the waves. The waves, I should add, do not need encouragement. The soft marshy sludge and crumbly fudge of the land round here is fast disappearing, with bungalows lined up like King Canutes before the sea with nought but a strip of green, promenade shelters and beach huts as the first line of defence. Not that the town itself seems overly concerned, yet, and on the plus side, you can find fantastic fossils fallen from the cliffs. It’s a lovely, jovial spot, with the air of a seafaring community that has seen off the sea for centuries. It’s the unpretentious twin to hoity Frinton next door, all bric-a-brac shops, caffs and purveyors of buckets and spades, oddities like the Naze Tower, glossed over with a becoming 1950s sheen, as if Telstar were still high in the hit parade, and the climate emergency was a worry decades into the future.

The case against The original town of Walton is miles out at sea. You have been warned.

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The best lamps for your home – in pictures

Quirky lamps to brighten any table

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The best lamps for your home – in pictures

Quirky lamps to brighten any table

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Homes for sale in old mills – in pictures

Escape the daily grind with these former working properties, from Devon to North Yorkshire

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