{"id":114025,"date":"2020-02-02T16:00:39","date_gmt":"2020-02-02T09:00:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-trapped-in-limbo-by-post-grenfell-fire-safety-standards\/"},"modified":"2020-02-02T17:03:30","modified_gmt":"2020-02-02T10:03:30","slug":"thousands-trapped-in-limbo-by-post-grenfell-fire-safety-standards","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-trapped-in-limbo-by-post-grenfell-fire-safety-standards\/","title":{"rendered":"Thousands trapped in limbo by post-Grenfell fire safety standards"},"content":{"rendered":"


\nMounting confusion about cladding has forced many to rent \u2013 or live in unsaleable homesIt was in April 2018 that Danyal Aziz reserved a shared-ownership flat at the Paragon in Ilford, east London. The development, built with government funding to provide affordable housing, was supposed to be completed that November and Aziz was told he must obtain a mortgage offer within 28 days of the reservation or risk losing the property.A year on, he had no moving-in date. Three successive mortgage offers had elapsed and when, in August 2019, he applied for a fourth, he entered an unnerving limbo. His lender would not value the flat until it received official assurances about the safety of the cladding which developer, Nu Living, seemed unable to provide. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Thousands trapped in limbo by post-Grenfell fire safety standards<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mounting confusion about cladding has forced many to rent \u2013 or live in unsaleable homesIt...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114025","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tF7","jetpack-related-posts":[{"id":119421,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/englands-cladding-crisis-leaves-2m-as-mortgage-prisoners-in-own-homes\/","url_meta":{"origin":114025,"position":0},"title":"England\u2019s cladding crisis leaves 2m as \u2018mortgage prisoners\u2019 in own homes","date":"December 3, 2020","format":false,"excerpt":"\r Many flats left effectively unsellable as government struggles with aftermath of Grenfell disaster\r \r Source : ft.com\r Read more...England\u2019s cladding crisis leaves 2m as \u2018mortgage prisoners\u2019 in own homes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104883,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-flat-owners-start-campaign-over-grenfell-style-cladding\/","url_meta":{"origin":114025,"position":1},"title":"Private flat owners start campaign over Grenfell-style cladding","date":"March 11, 2019","format":false,"excerpt":"\r Homeowners want freeholders to pay costs of removing fire-risk cladding from tower blocksScared homeowners living in tower blocks covered in Grenfell-style cladding are launching a national campaign demanding urgent action to make their homes safe.Amid growing anger that too little is being done to guarantee the safety of tens\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-agency-writes-down-loan-on-flat-over-grenfell-style-cladding\/","url_meta":{"origin":114025,"position":2},"title":"Help-to-buy agency writes down loan on flat over Grenfell-style cladding","date":"April 25, 2018","format":false,"excerpt":"\r Woman whose London flat has slumped in value is told she can pay back \u00a310,000 of \u00a395,000 loanThe government has agreed to virtually wipe out a help-to-buy loan on an apartment in a London block with cladding similar to that used at Grenfell Tower, it has emerged.It will make\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grenfell-style-cladding-drops-flat-value-from-600000-to-90000\/","url_meta":{"origin":114025,"position":3},"title":"Grenfell-style cladding drops flat value from \u00a3600,000 to \u00a390,000","date":"June 18, 2018","format":false,"excerpt":"\r Nerisa Ahmed and her husband to sue government agency that helped them buy their homeA family who have seen the value of their London flat slashed from \u00a3600,000 to just \u00a390,000 because of Grenfell-style cladding will sue a government agency that helped them buy their home.They are the second\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148564,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cladding-mould-75000-charges-welcome-to-life-in-a-british-leasehold-flat\/","url_meta":{"origin":114025,"position":4},"title":"Cladding, mould, \u00a375,000 charges \u2013 welcome to life in a British leasehold flat","date":"December 22, 2024","format":false,"excerpt":"\r Residents of a blighted London block have been trapped in their homes by a swirl of events, as government attempts to reform the law drag onFor many of the residents of Mar House, the past year has been spent in perpetual twilight.The seven-\u00adstorey block in Colindale, north London, is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104543,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flat-owners-win-battle-to-get-combustible-cladding-replaced\/","url_meta":{"origin":114025,"position":5},"title":"Flat owners win battle to get combustible cladding replaced","date":"March 1, 2019","format":false,"excerpt":"\r Freeholder Pemberstone says new fund is being set up to cover two Manchester blocksOwners of flats in Manchester that are covered in combustible cladding are celebrating after the success of a campaign to force the building\u2019s owner or developer to pay the estimated \u00a35m bill to replace them. Leaseholders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114025"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=114025"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114025\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}