Question for
@matthewpennycookmp.bsky.social
How many shared ownership flats have annual service charges exceeding 1% of their value?
Question for
@matthewpennycookmp.bsky.social
How many shared ownership flats have annual service charges exceeding 1% of their value?
β37% of flats now have annual service charges exceeding 1% of their value, with real consequences for lending.
Nearly 1 in 5 flat sellers sold at a loss in 2025.
Leaseholders are paying the price for soaring insurance premiums and building safety costs.
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ποΈ
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Labour are still sweeping building safety risks under the carpet to protect industry, while residents remain trapped in unsafe, unsellable homes.
They promised a government-backed reinsurance scheme in opposition but have yet to deliver.
www.insidehousing.co.uk/news/redraft...
π
bsky.app/profile/news...
"The failure was allowing unsafe buildings to be put up in the first place, and then creating years of uncertainty about who pays, how much, and when.
(...) If you canβt price the risk, lenders hesitate, buyers hesitate, insurers reprice, and the market seizes up."
Joshua Robbins, 23, died after falling from his balcony when railings gave way. His mother, Fiona Garrett, said she faced a long fight for answers.
π¨οΈ "I feel like it's going to end up like a Grenfell situation, where it's constantly passing the buck."
www.itv.com/news/london/...
Today as people spend time with their loved ones, as always we remember ours who were taken from us.
104 months on, and still no Justice for those lost at Grenfell.
Alongside the red hearts youβll see today, please take a moment to remember the significance of our green oneπ
Let down by Labour...
@vickyfoxcroftmp.bsky.social @matthewpennycookmp.bsky.social
ποΈ Building safety crisis
Thousands of shared owners are still trapped, facing subletting restrictions and no buyback funding for unmortgageable flats.
Read the full update from
@eocs-official.bsky.social
β‘οΈ endourcladdingscandal.org/posts/campai...
#SharedOwnership
#BuildingSafetyCrisis
Grenfell survivor Ed Daffarn criticised Steve Reed MP for focusing on building 1.5million homes.
π¨οΈβIt's a stain on this government that people are still not living in safe buildings. They need to go faster.β
www.mirror.co.uk/news/politic...
Promises made, promises not kept.
Our update on the building safety crisis: where we are, and what Labour still needs to change β¬οΈ
endourcladdingscandal.org/posts/campai...
Leaseholders in Bristol are being ripped off
Β£250 ground rent cap is step forward but not enough
And I'll be following up with the minister about appalling insurance premiums post cladding-scandal that are stopping some leaseholders moving
But leaseholders also face... π§΅
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βοΈOur members regularly accept losses of more than 50% on what they paid for their flat β even after remediation has been completed.
βFor the many tens of thousands still waiting for work, it is nigh on impossible to sell at all.β
www.ft.com/content/1d5d...
A great question on shared ownership buybacks⦠and a Government response that completely sidesteps the issue.
#SharedOwnership
ποΈ Read it here:
questions-statements.parliament.uk/written-ques...
π΄ BUYBACKS
An excellent question from @ruthcadbury.bsky.social
β Minister @samanthadixonmp.bsky.social respondsβ¦ but not to the question asked.
Instead, we get a copy-paste statement that will infuriate many shared owners.
ποΈ Link in next post
I expected so much more of a @teamlabouruk.bsky.social government. Weβre still stuck in our unsellable, unmortgageable flat in Hackney with no end in sight. #claddingscandal
β Government isnβt monitoring how many shared owners canβt sell or remortgage due to the building safety crisis, points to a 3βyear-old βpledgeβ few lenders follow, and say they wonβt βhelpβ further.
@nonqualifyinglh.bsky.social
questions-statements.parliament.uk/written-ques...
These are vital questions.
Every day, we receive new emails from shared owners whose lives have been torn apart by the building safety crisis.
π« The response from Minister @samanthadixonmp.bsky.social is particularly shocking.
ποΈ Link in next post.
A national remediation programme that neither makes buildings safe or reduces costs for residents might as well not happen at all
peteapps.substack.com/p/pas-wars-h...
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Join us to get our email updates. See link in bio.
π You can also follow our WhatsApp channel.
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π° @insidehousing.bsky.social
www.insidehousing.co.uk/home/inside-...
Will there be meaningful change on the key issues of non-cladding defects, non-qualifying leaseholders, extortionate buildings insurance or shared ownership buybacks in 2026?
We arenβt holding our breath.
#BuildingSafetyCrisis
"After watching what unfolded after Grenfell, with young people caught in starter homes they canβt sell while facing huge bills, why would anyone in their right mind want to buy a flat in a block?"
βοΈ @vickyspratt.bsky.social
inews.co.uk/opinion/ghos...
β Serious fire risks assessed as being "tolerable", homes left half-safe at best.
β The Government deflects to industry, flats remain unsellable, leaseholders are still trapped.
The merry-go-round of buck-passing continues.
#BuildingSafetyCrisis
www.bbc.com/news/article...
Despite strong rhetoric in opposition, Labourβs commitment to building safety is increasingly in doubt.
This drift typifies Labourβs approach so far: governing by targets rather than delivering the change voters expected.
#BuildingSafetyCrisis
www.thetimes.com/life-style/p...
π€ Our next email update will focus on subletting and buybacks.
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Join us β¬οΈ
π tinyurl.com/SharedOwnersNetwork
Are underperformed heat networks poised to become the next cladding crisis for leaseholders?
New govt rules will require upgrades to tens of thousands of systems... but residents will pay:
www.thetimes.com/article/d81f...