Our report from Taylor Wimpey’s 2024 AGM

Thanks to the support of ShareAction, we were recently able to attend Taylor Wimpey’s Annual General Meeting (AGM) on 23rd April 2024, near the company’s headquarters in Buckinghamshire. 

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Our Meeting with Vistry Group – April 2024

On 5th April, we met Vistry Group to discuss their progress with making homes safe and how they can support leaseholders and residents through this process. The group has identified 327 buildings for fire safety remediation works so it has one of the largest programmes in the industry. Based on information from the published accounts of the 45 leading developers in the Responsible Actors Scheme, Vistry accounts for just under £1 in every £10 that is expected to be spent on fire safety remediation works across the country.

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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.

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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. 

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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 that Crest Nicholson are acting with urgency to fix buildings, or that the company understands the enormous impact on leaseholders and residents living in their unsafe homes. 

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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 Department to share feedback about companies that are delaying making homes safe and any significant concerns for leaseholders and residents. 

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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 scope.

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Our Meeting with Redrow – December 2023

After recently attending Redrow’s 2023 AGM, we arranged a follow-up meeting on 5th December to discuss the company’s building safety remediation programme in more depth. We met with Tim Stone, Regional Chief Executive with accountability for building safety, and Richard Keogh, Special Projects Director with day-to-day responsibility for the remediation programme.

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End Our Cladding Scandal Manifesto

Everyone deserves a safe home in which to live, work, care for our families and make plans for our future. A safe home is the foundation for building a life in which we can all fulfil our potential.

Yet more than six years after the Grenfell tragedy, hundreds of thousands of people remain trapped in unsafe and unsellable flats.

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Berkeley Group’s 2023 AGM and our follow-up meeting

Thanks to the kind support of ShareAction, a leaseholder affected by the building safety crisis attended Berkeley Group’s AGM on 8th September to question the Board on behalf of our campaign, and this was followed by a meeting on 13th October, to discuss the issues raised in more depth.

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