Our statement on the seventh anniversary of the Grenfell Tower fire

On the seventh anniversary of the Grenfell Tower fire, we continue to stand with the bereaved, residents, survivors, and wider community. The fight will not end until there is truth, justice, change – and charges.

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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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Redrow agrees to fund remediation at Celestia

Redrow has written to the volunteer directors of the Celestia complex in Cardiff, finally offering to undertake remediation works there at its own expense. The estimated date for work to begin is “early 2025” – approaching two years since the Welsh Government confirmed that Redrow had signed the Deed of Bilateral Contract.

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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.

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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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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 the risk-pool”.

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Leasehold and Freehold Reform Bill: Ensuring the Building Safety Act operates as intended

The Leasehold and Freehold Reform Bill had its third reading in the House of Commons on 27th February – read the transcript in full here and watch the building safety excerpts here – and is due in the House of Lords in the coming weeks.

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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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