For years leaseholders have been facing issues with the opaque residential building insurance regime – whether the cartel-like behaviour of the insurers, clear conflicts of interest and secretive commission arrangements between freeholders, brokers, managing agents and insurers or the simple fact that we have no ability to influence the selection of the insurer and no redress once exorbitant premiums are forced onto us.Continue reading “Relief from exorbitant insurance costs needed urgently”
Additional £27m to fund alarms in buildings with Waking Watch
We welcome the news that there will be an additional £27m to fund alarms in buildings where a Waking Watch is in place, and that funding is finally to be extended to help innocent leaseholders in buildings below 18m and with non-cladding defects.
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Norges Bank replies to our letter
We are pleased to learn that Norges Bank Investment Management (NBIM) has passed on our letter to its independent Council on Ethics, and we look forward to the opportunity to meet with their representatives to discuss our concerns. This crisis has left about three million people trapped in unsafe or unsellable flats in the UK; it is of the utmost importance that NBIM engages properly and hears directly from the innocent victims. Read NBIM’s reply to our letter here.
Our letter to Norges Bank
Alongside our campaign partners, Grenfell United, The Leasehold Knowledge Partnership, The National Leasehold Campaign, Action for Fire Safety Justice and Father of the House, Sir Peter Bottomley, we have sent a letter to the Directors of Norges Bank Investment Management (NBIM), Norway’s £1 trillion sovereign wealth / pension fund.
Our response to Michael Gove’s announcement on 10th Jan 2022
Michael Gove made a major announcement on Monday 10th January declaring, amongst other measures, an additional £4bn to remediate buildings between 11 and 18m in height. This article is our response to that announcement.
Continue reading “Our response to Michael Gove’s announcement on 10th Jan 2022”