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Residents of a private high-rise block in Croydon covered in Grenfell-style cladding should foot the £2m bill for its replacement, a tribunal has ruled.
In the news
Inside Housing has been following the situation at the Citiscape development in south London since January.
Now a tribunal has ruled that leaseholders of the block should pay for any work on the cladding, the BBC reports.
That means residents of a one-bedroom flat could face charges of up to £16,000 for the work.
However, it is not yet clear whether the management company, FirstPort, will remove the cladding.
In other news, Peabody announced it has shortlisted two developers as preferred partners for the £4bn next phase of its Thamesmead regeneration scheme at MIPIM yesterday.
Lendlease, which was due to work on the Haringey Development Vehicle, and Morgan Sindall have been shortlisted for the 11,500-home project, according to the Evening Standard.
Elsewhere, tech website Wired reports on an interesting initiative to help homeless people and rough sleepers secure work and get back on their feet.
Architect Chris Hildrey has created a system called ProxyAddress, which aims to give homeless people addresses in order to be able to apply for jobs.
Meanwhile, MailOnline showcases a new type of home that can be 3D-printed for just £3,000 in 24 hours, and asks whether it could provide accommodation for the homeless.
And finally, housebuilding giant Persimmon has said it will recruit 700 construction workers in south Wales to work on developments on the M4 corridor, the BBC reports.
It’s a stark turnaround from the developer after five years ago, when it announced it would stop building homes in the south Wales valleys because the sites did not make enough money.
On social media
Housing minister Dominic Raab has tweeted about Sir Oliver Letwin’s interim report on his review of build-out rates:
Important interim report by Sir Oliver Letwin, on ‘build out’ rate of developers. We await final report. We must fix the broken housing market, to make homes more affordable for working Britons.
— Dominic Raab (@DominicRaab)
Property developers ‘boost profits by building slowly’t.co/9hj0r0FH3mImportant interim report by Sir Oliver Letwin, on ‘build out’ rate of developers. We await final report. We must fix the broken housing market, to make homes more affordable for working Britons.
— Dominic Raab (@DominicRaab) March 14, 2018
Property developers ‘boost profits by building slowly’https://t.co/9hj0r0FH3m
Meanwhile, Paul Hackett, chief executive of Optivo and chair of the G15, has shared his thoughts about an article in the FT today:
Interesting article about over-valuation of assets with reference to First Priority HA. ‘For profit’ RPs set up to chase big returns in supported housing really worry me. Not good for reputation of #ukhousing t.co/k5oxh2GiBV via @FT
— Paul Hackett (@PaulHackett10)Interesting article about over-valuation of assets with reference to First Priority HA. ‘For profit’ RPs set up to chase big returns in supported housing really worry me. Not good for reputation of #ukhousing https://t.co/k5oxh2GiBV via @FT
— Paul Hackett (@PaulHackett10) March 14, 2018
The proliferation of care and support HAs worries me most. But I also feel very uncomfortable about ’for profit’ GN HAs bidding up #s106. I’d like to see #NPPF reform prevent over paying for s106
— Paul Hackett (@PaulHackett10)The proliferation of care and support HAs worries me most. But I also feel very uncomfortable about 'for profit' GN HAs bidding up #s106. I'd like to see #NPPF reform prevent over paying for s106
— Paul Hackett (@PaulHackett10) March 14, 2018
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