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Cladding issues are still causing people to live in 'fear' | LBC
Posted
January 9, 2023
Views
4,428
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72
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January 9, 2023
4,428
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4:20Now PlayingCladding issues still causing people to live in 'fear' - the conversation comes as the UK’s six largest banks are set to begin lending on properties with cladding that are 11 metres or taller from January, making it easier for homeowners to sell up after years of uncertainty following the Grenfell Tower disaster in 2017.
From January 9 next year, lenders including Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest and Santander will be able to consider mortgage applications, provided there is proof that cladding remediation work will be covered by developers, leaseholder protections or a recognised government scheme.
This video clip is from a LBC show presented by Nick Ferrari on Monday 9 Jan 2023.
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