Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Thousands of leaseholders in unsafe homes will be unable to sue developers

85

Exclusive: leaseholders in at least 239 blocks will not benefit from new UK bill, as buildings are too old

Thousands of leaseholders living in dangerous blocks will not be protected by the latest government attempt to tackle the spiralling cost of the post-Grenfell fire safety crisis, it has emerged, as ministers publish legislation allowing developers to pass on costs to residents.

The housing secretary, Robert Jenrick, on Monday introduced a bill extending leaseholders’ rights to sue developers, but residents in at least 239 buildings will not be able to take advantage because their buildings are too old, according to research by the UK Cladding Action Group. Representatives in 79 blocks could in principle sue because their homes were built after 2006, but all except a handful could not afford it.

Continue reading…

Leave A Reply

Your email address will not be published.