I've sympathy with people who have leaseholds with these flats but if government paid for all repair works then tried to recoup from the developer then they will probably find many of the developers are already our of business and no longer trading etc so will only ever recover a tiny fraction of the original outlay. That means that the deficit amount will have to be funded by taxpayers in terms of higher taxes such as myself who lives in a small town with virtually no buildings over three or four storeys high and we almost all live in 50s built semis. This would be even more unfair to make us help pay when I've never even lived in a community with tower blocks. When I bought my own semi around ten years ago then subsequently retiled my kitchen, I found that the original builders had just put the wires for my kitchen ceiling lights and sockets straight against the wall and then directly tiled over them. They had never been chased into the walls and spurs had been taken off to add more lights etc. It was something that was totally dangerous and illegal but guess who had to pay the over £500 to get a qualified electrician to rewire the kitchen in a safe and legal way then add new trip switches. Yes it was me who had to pay. It's not right or fair but that's life.
@stuartfitch7093
3 жыл бұрын
A future levy on developers that still operate would be one way to recover the money but without regulation those developers would just recover that money by increasing prices of new build properties that they build in future so the buck would be passed to the wider public that way instead. Also, even when these flats get the repair works done and an ews1 is issued, then you try selling one. I know many of current owners caught in the cladding scandal would like to sell up but even if government covered all cladding costs then an ews1 obtained, then who would buy one of these flats? Certainly not me! Because it's become obvious to nearly everyone in the country that if any issues came up in the future, then it's going to be the leaseholder held responsibile for the costs. I wouldn't want the risk of that happening so it would put me off buying one. That means the values will probably be permanently damaged on these flats even after getting an ews1 and lenders giving potential buyers mortgages on them again. Fact is there has to be demand for value to be there and how many people will want to buy them even after the repairs are done?
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