Politics

  • Our meeting with the Building Societies Association
    In January, we met with the Building Societies Association (BSA), to highlight the continuing difficulties that leaseholders affected by the building safety scandal are having with remortgaging and selling their homes. Chris Busey, Policy Manager, and Paul Broadhead, Head of Mortgages and Housing, wanted to assure us that the BSA’s position is that “no leaseholder should ...
  • Half of High-Rise Mortgage Valuations Still Require an EWS1 Despite Industry Pledge
    In an attempt to revive the flatlining market for flats affected by cladding and other building safety defects, major mortgage lenders pledged in December 2022 that they would lend without an EWS1 form being required under certain conditions. However, the latest government data shows no improvement on this measure since reporting began three years ago.  In ...
  • Our statement on the LUHC Select Committee Report on Shared Ownership
    We welcome the Select Committee’s report into shared ownership affordability. We agree fully with the Committee’s conclusion that shared ownership products can often become unaffordable over time as shared owners have to pay for 100% of repairs and maintenance costs despite only owning a proportion of the property. Clearly, this is unfair. Shared owners were sold ...
  • Our report from Crest Nicholson’s 2024 AGM
    On 19th March 2024, we attended Crest Nicholson’s Annual General Meeting (AGM) at their offices in Surrey, to ask the board of directors about their progress remediating unsafe buildings. We attended as ShareAction’s shareholder representative and would like to thank them for their ongoing support for our campaign. Unfortunately, the encounter did not leave us assured ...
  • Our statement on launch of the ABI’s Fire Safety Reinsurance Facility
    It is now 18 months since the FCA recommended that the Association of British Insurers (ABI) “work with the Government to create a risk pooling solution, providing a plan for this solution and its implementation within 2 months”, and that the Department for Levelling Up, Housing and Communities (DLUHC) “consider Government providing financial backing of ...
  • Are shared owners in London left behind?
    On 19 December 2023, Secretary of State Michael Gove wrote to all registered providers (e.g. housing associations) to let them know about changes the Government has made to relax rules on subletting and funding available for buybacks of shared ownership properties. He also asked registered providers to publish their policies online. These changes were effective outside ...
  • Life after the building safety crisis: Laura’s story
    The first thing to say is that, in a variety of ways, we are lucky compared to many others who are caught up in the building safety crisis. We have now managed to sell our flat and were fortunate enough to be able to buy somewhere new. Our flat wasn’t dangerous, and we never felt ...
  • Why hasn’t End Our Cladding Scandal met with my developer?
    At the time of writing, 55 developers have signed the developer remediation contract and over the last few months, we have asked several participant developers to meet with us to discuss the progress of their remediation programme. As Michael Gove noted in his recent tweet, we are engaging with the Secretary of State and his ...
  • Developer update: Fairview, Avant, Vistry, Crest Nicholson and Lendlease
    At the time of writing, 55 developers have signed the developer remediation contract and over the last few months, we have asked several participant developers to meet with us to discuss the progress of their remediation programme. As Michael Gove noted in his recent tweet, we are engaging with the Secretary of State and his ...
  • Our Meeting with Telford Homes – January 2024
    On 25th January, we met with Telford Homes to discuss the company’s building safety remediation programme. The London-centric developer has 148 relevant buildings (over 11 metres in height) and around 15,000 homes in its portfolio, ranking it as the 7th largest to sign the Government’s developer contract in terms of the volume of buildings in ...