Residents in a tower block that is wrapped with combustible cladding say they are facing possible bankruptcy and are falling ill with stress after the building owner and its developer refused to pay £4m to make their homes safe. One resident has been hospitalised with hypertension caused by the stress of the safety risk and the financial threat. It means there is no end in sight to the fire safety fears for thousands of residents. All the equity has vanished and you can’t remortgage.”There has been confusion in government over its policy on making private tower blocks safe. This week the housing minister Lord Bourne wrongly told parliament that under law, councils were responsible for stripping dangerous cladding from private towers.
Source: The Guardian January 13, 2019 17:15 UTC