Eight years after the Grenfell fire, a report from the Public Accounts Commission found that residents and taxpayers still face unacceptable levels of uncertainty, facing a cladding crisis and a lack of action in resolving unsold property.
Repairing the dangerous cover report says, “There is no ambition in the MHCLG (Ministry of Housing, Community and Local Government) Repair Acceleration Plan. It cannot address the impact of non-covering defects on the progress of cladding repairs, and does not contribute to the cost of product manufacturers repairing dangerous cladding products.”
Basic obstacles
It says there are still some very basic issues that need to be addressed, such as getting the full and final number of buildings affected, how long it will take to address them all, how much it will cost.
It also recommends new laws to speed up the restoration process, action plans for training more professionals, more support for affected owners, and measures to address the insurance costs homeowners face until the work is complete.
The current situation is unacceptable, and many flat sales are stalling. ”

Propertymark policy officer Henry Griffiths commented that he is a specialized agency for UK real estate and forgotten agents.
“The current situation is unacceptable and many flat sales are stalling. We welcome many of the Ministry of Housing recommendations, including insurance rate reviews, renter costs reductions, and reporting on efforts to accelerate cladding.

“We hope that the UK Government Minister will urgently consider the recommendations contained in the report.
Steven Truman, director of Cladding Consulting, commented: “One way governments can provide immediate relief is to underwrite insurance for a fire, similar to what was done with Terrorism Insurance after Broadgate Bombing in 1993.
“This will instantly reduce insurance costs for renters and provide some much-needed relief while the long-term issues of solving the cladding crisis are being addressed.”