{"id":135882,"date":"2023-04-12T13:00:06","date_gmt":"2023-04-12T06:00:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-trapped-by-the-cladding-scandal-and-cant-find-a-way-out\/"},"modified":"2023-04-12T13:18:46","modified_gmt":"2023-04-12T06:18:46","slug":"were-trapped-by-the-cladding-scandal-and-cant-find-a-way-out","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-trapped-by-the-cladding-scandal-and-cant-find-a-way-out\/","title":{"rendered":"We\u2019re trapped by the cladding scandal and can\u2019t find a way out"},"content":{"rendered":"<p>&#013;<br \/>\nWe urgently need to sell, but our block is exempt from the government schemeI am one of many residents caught up in the cladding scandal in the wake of the Grenfell Tower tragedy. I share ownership of my flat with housing association L&amp;Q, which took nearly four years to survey the block to ensure fire safety compliance. It found it may not meet current safety guidelines (the estate was built by Rydon, which led the refurbishment of Grenfell). Further inspections are needed and remediation work on the estate won\u2019t start until 2025 at the earliest.Since my block is only four storeys, it\u2019s likely to be one of the last on the estate to be addressed, so it could take years more. This leaves residents unable to sell or staircase their ownership share. In the meantime I am faced with inflation-busting rent and service charge increases for a property that is essentially worthless, not to mention the potential costs of remedial works. And because the building is below 11 metres high, it is not eligible for the government\u2019s building safety fund. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/apr\/12\/were-trapped-by-the-cladding-scandal-and-cant-find-a-way-out\" target=\"_blank\" rel=\"noopener\">We\u2019re trapped by the cladding scandal and can\u2019t find a way out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; We urgently need to sell, but our block is exempt from the government schemeI am&#46;&#46;&#46;<\/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-135882","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-zlE","jetpack-related-posts":[{"id":82628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tower-residents-told-to-pay-500000-to-replace-grenfell-style-cladding\/","url_meta":{"origin":135882,"position":0},"title":"Tower residents told to pay \u00a3500,000 to replace Grenfell-style cladding","date":"March 13, 2018","format":false,"excerpt":"\r Tribunal rules that leaseholders in Croydon block are responsible for making building safeLeaseholders in an apartment block covered in Grenfell-style cladding have been ordered to pay \u00a3500,000 to make their building safe after a tribunal ruled that they, rather than the management company, were obliged to cover the costs.The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leaseholders-billed-up-to-115000-each-to-remove-grenfell-style-cladding\/","url_meta":{"origin":135882,"position":1},"title":"Leaseholders billed up to \u00a3115,000 each to remove Grenfell-style cladding","date":"July 18, 2020","format":false,"excerpt":"\r Flat owners in Manchester block say they face bankruptcy unless government steps inLeaseholders in a \u201ctinderbox\u201d apartment block in Manchester have been billed up to \u00a3115,000 each to remove unsafe cladding in what is believed to be the biggest charge facing residents since the Grenfell disaster.Owners of flats in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98421,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-university-wont-reclad-block-with-grenfell-tower-like-cladding\/","url_meta":{"origin":135882,"position":2},"title":"Auckland University won&#039;t reclad block with Grenfell Tower-like cladding","date":"September 24, 2018","format":false,"excerpt":"\r Auckland University will not re-clad its business school building, despite it being included on the list of 25 blocks with Grenfell Tower-like cladding. The university said it had no concerns about the Owen G Glenn Building with...\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland University won't reclad block with Grenfell\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98419,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-university-wont-re-clad-block-with-grenfell-tower-like-cladding\/","url_meta":{"origin":135882,"position":3},"title":"Auckland University won&#039;t re-clad block with Grenfell Tower-like cladding","date":"September 24, 2018","format":false,"excerpt":"\r Auckland University will not re-clad its business school building, despite it being included on the list of 25 blocks with Grenfell Tower-like cladding. The university said it had no concerns about the Owen G. Glenn Building with...\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland University won't re-clad block with Grenfell\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85458,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/value-of-london-flats-slashed-by-grenfell-style-cladding\/","url_meta":{"origin":135882,"position":4},"title":"Value of London flats slashed by Grenfell-style cladding","date":"April 16, 2018","format":false,"excerpt":"\r Home in New Capital Quay, Greenwich, worth \u00a350,000 rather than \u00a3475,000, owner toldA homeowner in a housing complex in London with Grenfell-type cladding has been told the value of her \u00a3475,000 home has collapsed and is now just \u00a350,000.Galliard Homes, the developer of the 11-block complex in New Capital\u2026","rel":"","context":"In &quot;Property News&quot;","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":135882,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135882"}],"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=135882"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135882\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}