Get parents’ help, save money yourself, take mortgage, invest everything in your flat, keep perfect credit history, work 50+ h/w and......go bankrupt. This is Great British dream 2020.

@teachweb69

2 жыл бұрын

Yes and if I may add one more point make sure when you're saving up you do it very fast because the the value of the pound going down dramatically with time and house prices are going dramatically upwards so you may well find that you need much more of your currency to buy a house when you did when you started saving

Another reason not to buy a leasehold.

Shared ownership they said... Get a foot on the property ladder they said...

Who ever approved the cladding system should pay for the remedial works.

I was going to buy an apartment near London but pulled out due to the ESW1 certificate issues, so moved out into Kent and brought a detached house. Glad I did as its worth the commute. Feel so sorry for leaseholders trying to sell

@lw3646

2 жыл бұрын

Smart move.

More Torry shambles, passing the buck onto the consumer rather than the property developers.

@Hopelevelheaded

3 жыл бұрын

Clearly government needs to fix as regulations that failed were set by successive governments.

@andrewpease3688

3 жыл бұрын

Did you not see labour councils evacuating dozens of tower blocks immediately after the fire? They, and previous Labour governments did the same things.

@paxundpeace9970

3 жыл бұрын

I agree it is a long list. Botched coronavirus response. Hesitation to recommend masks. Disbelief in science and just listening to the own advisers.

Greedy developers.

Government should buy the homes and nationalise them, remove the cladding and lease them out cheaply to those in need.

@karimtabrizi376

3 жыл бұрын

A great idea which would revolutionise housing needs and access. However I doubt any uk government would do this as no money to be made which is part of the sickness

@Edwin-mk2nz

3 жыл бұрын

The Government do own properties and these are given to people in need, they are call "social housing". The people in this video are not those "people in need", they are people who are living in fancier homes.

@jimjoerobinson

3 жыл бұрын

@@Edwin-mk2nz I know, we sold most of our social housing stock in the 80s under Thatcher though. Buying these people's homes would allow them to move on up the career ladder, provide thousands of construction jobs in removing the cladding, then they could be used to house young families, homeless people and other forgotten elements in fairly good accommodation rather than run down council flats.

@Edwin-mk2nz

3 жыл бұрын

Marko Henry yes, we know there is a massive shortage of social housing LOL. The word fancy was used was referring to the fact that it is not a social housing, we all understood it except you lol

@MetalMew2

3 жыл бұрын

Yeah, that's what I think too.

Why sabotage fire resistant concrete buildings in the first place? They are brutalist buildings that are not supposed to have cladding. Just take it off.

i imagine that if the freeholder does the work the service charge for the leaseholders will go through the roof - a fair outcome is the cost being fairly split by the government, the developer and a fraction by the leaseholders

@mogznwaz

3 жыл бұрын

That would be more fair than the government forking out to fix private property

I helped cladd the first UK tower block and many more after that and have seen many a kitchen fire over the thirty year period, and the most damage any have done has been contained. Then in 1991 something changed, we saw flames breaching the compartment. The basic rule that nothing that holds a flame shall be fixed to the outside or in the window area was ignored. In Grenfell it was ignored as much as I thought possible. The corruption can be seen in the current inquiry.

Is it safe? Shows picture of building... How could anyone tell from a photo? (In this situation)

@warsameadam5572

3 жыл бұрын

😄

I do not own a flammable cladding building, however, it is completely unfair to ask leaseholders to pay for the removal and re-cladding works.

@markroyds23

8 ай бұрын

Definitely. Leaseholders having to pay for dumb developers mistakes 😂 it's unbelievable

Damn I got the issue when remortgaging with the same bank. They wanted that paper. I don't understand because they are already lending to me.

@sticky59

3 жыл бұрын

Lending you your own money your promissory note created.

Let fly the class action lawsuits! Companies & jurisdictions will never assist the people until you speak their language: money & power. And yes, we the people have the power to take away both

0:21 Every 24 year old would probably love to buy a big house with a garden in the countryside, get married and have children. She's got to be realistic though. I bet half of all 24 year olds are probably still living with their parents or renting, they'd jump at the chance to buy a little flat. Most people are going to be 34-44 before they can even dream of doing something like what she's intending to. That's without the cladding issue stopping you from selling.

@vocalizer7609

2 жыл бұрын

Not sure why this is relevant?

I don't totally understand, I am in the USA. Why aren't building owners or contractors responsible?

@Damo2690

3 жыл бұрын

Building owners? The people who own the properties are the building owners. And if the flat was built 40 years ago, the company might not exist. Hell more than 60% of the housing in my city in the uk was built in the 1800s!! And this is just the banks deciding not to give out mortgages its not Gov. regulation. Couple years back Greenfell tower set fire because of bad cladding and a lot of people died, is the background of why this is a problen now.

no one wants to be sued for negligance, so every middle person is gonna ask for it

Lesson: Don't every "buy" a leasehold.

@pandora8478

3 жыл бұрын

If you want a flat you have no choice.

The government caused this problem by regulating and allowing the substandard materials in the first place. It is not the leaseholders fault, therefore the government should pay for the costs of the remedial works.

The UK simply just needs to keep building subrubs outside the cities with 3 floors and basemasts to keep them somewhat compact and not smaller than they already are

Genuine question. Asbestos is a dangerous material but the council doesn't pay to remove it from my property, I have to. Privately owned flats are the owners responsibility, or the Leaseholders/freeholders. If that's the council, fine, but if it's a private owner then they should. Who decided the cladding was OK? Who paid for it?? Was it mandated by law to put this cladding on? Who recommended it? Who tested it? Why is 'the government' responsible for private property?

@oliverhopkins8074

3 жыл бұрын

Probably because the average flat owner can't afford tens of thousands for the removal. Asbestos is horrific but the danger is less dramatic than a burning inferno. Also it can be blocked away.

it is the responsibility of the builders and also the government planing department who approved it. cost should be shared by govt and the builders. UK seem to be like banana republic without any rule of law

@kmu3795

3 жыл бұрын

sunny sunny I live in a building where the Housing association did a survey after the grenfell disaster and the result was our building was not fire safe and needed improvements to be up to code. The improvements highlight remedial work for meeting fire codes before the grenfell disaster meaning they did not meet the regulations when they built this building. Instead of going to builders and planning department to claim, they are increasing rent and property maintenance cost. I.e. tenants/leaseholders are paying for planning department and builders mess. Mind you this is a building under 6 years old so it is still within the limitation period.

@NuclearSavety

3 жыл бұрын

@@kmu3795 home owners shall be responsible for their own property? What an insane concept ...

Is this on tonight or last night?

The first move would be for the Gov't to immediately demand the transfer the freehold of ALL these buildings into the ownership of the resident owners at zero cost - that cuts one tier of vultures out of the equation. Then the residents can get independent quotes for the remedial works, I bet it would be alot cheaper than those quoted by the current freeholder who is rubbing their hands together thinking this is another opportunity for them to rob the leaseholders. Some of the figures being banded about are insane. I bet you could build a replacement block of flats from scratch cheaper than the cost of the remedial works. Thank god I don't own/live in one.

I have a family member owns a flat in the Tottenham Hale area, you can goggle the situation if you want to know where. She cant sell, remortgage or afford to cough up the money the builders want to reclad. Structural report showed herbalcony had plywood stuffed into it...... shameful

@manofweed1

3 жыл бұрын

Most of them blocks came after Grenfell surely ? Or are they still using this cladding, even now ? Wouldn't be surprised !!

That is insane! So much for the government helping we the people!

@jasondevon481

3 жыл бұрын

Well, they gave me thousands of Pounds this year as a self employed person, so they're OK by me. At least they are not commie Labour.

@HumanofTerra

3 жыл бұрын

@@jasondevon481 are you joking?

I feel terrible for those in this position. And, these properties are super expensive. You can buy, much better houses or even a nice piece of land and build your own in the country side. That's what we're doing.

Its sad that some people who have brought there flats/appartments are being slapped with the bill of removing flamable cladding or insulation within there homes this bill should be passed on to the Owner of the building.Or the government nothing will be done if they keep passing the problem on 😥 its just a matter of time for another Grenfell Disaster 😭😭😭

Oh dear

People have no idea about the repurcussions. If you are a professional you need to declare if youve been bankrupt before. That can severly hurt career prospects and future earnings

Heels cladding? lol

The government is weak and ineffective so it's a problem indeed

So sad

If the place is a fire hazard, it's a fire hazard and that's the end of it. Rich people insisting on cladding because the view from their manors aren't perfect, has caused a massive problem that poorer people have to deal with. Again. And councils aren't interested in dealing with it. Again.

@oliverhopkins8074

3 жыл бұрын

Right that's absolute nonsense and you know it. I speak as someone who has cladding and is royally f-ed by it. This has nothing to do with "the rich in their mansions" you twerp. Why so jealous it's embarrassing

@IndustrialBonecraft

3 жыл бұрын

@@oliverhopkins8074 Reeeeeeee more.

@oliverhopkins8074

3 жыл бұрын

@@IndustrialBonecraft should have worked harder in school bud

Wow public getting the short end of the stick..real shocker

ITS NOT JUST TOWER BLOCKS IS IT . LOOK AT THE PLASTIC USED IN ALL MANNER OF HOUSING . PLASTIC CLADDING , SOFFITS AND FASCIAS . DOUBLE GLAZING . CONSERVATORIES . ETC ETC ETC . FLAT ROOFS COVERED IN PITCH TAR , RESINS . I COULD GO ON AND ON .

Putting this up for debate: Isn't this a reason to look at the whole concept of housing in UK more closely? Who does profit from leasehold real estate? Is the idea of buying really beneficial for everyone? I'm no expert but in the bigger picture this sounds familiar to a pyramid scheme: you always need new people to buy the smaller/ cheaper units so you can "sell up" .. and this only works for everyone involved as long as the economy grows, income goes up and you have enough demand from the next generation. Any substantial change in these factors (e.g. Brexit, significant change in building standards, economic downturn) will leave people "stranded" with their property. Which - from what I have learned - is quite often bought on a maxed out budget as buyers trust in a prospering market. Maybe renting isn't that bad after all? And yes, by that you can build no assets. But maybe you have the freedom to adapt to new circumstances.

@oliverhopkins8074

3 жыл бұрын

Pure hindsight talk that

All buildings contain flammable materials inside and out. The cladding isn't an issue if the fire prevention systems inside the buildings are working and uptodate. This is what matters the fires can be stopped only by adequate safety sprinkle systems within the buildings. That is what l would be asking if l was a morgage lender forget the cladding IS THERE A WORKING FIRE PREVENTION SYSTEM IN THE BUILDING THAT IS REGULARLY UPDATED AND TESTED TO MAKE SURE IT WORKS. ⚠️ Most flats and high rise builds don't have anything of the kind. I would never sleep in any buildings that lack a working fire control system. That is the issue once the cladding is alight all is lost people will almost certainly be killed or seriously injured by burns. The government should make it illegal to own any property that lacks a sprinkling system and it should be a law that they must be tested every six months.

Slavery?

SHARED OWNERSHIP UNTIL THE BROWN STUFF HITS THE FAN . WHO OWNES THE LEASE . HMMMM NOT ME ITS THEM .

She eats cladding?

The vote that's keeps on taking 👎🤬

If people realized how the bank creates the mortgage money in the first place they would be outraged. Banks regulations prohibit them from loaning out funds taken in from depositors. The signature on the promissory note charges the document ..... the bank then deposit it into an account as a negotiable instrument for the value of the mortgage to be lent ..... then they lend you back your own money your document created, with interest. They bundle up all the mortgage documents and trade them as a security on the stock market. The bank gets paid at least twice for the value of the paper.

Slavery? I mean... what? 😂

@Silica_UK

3 жыл бұрын

he probably means because people lose so much liberty, and slavery is the other extreme. It's emotive language of course.

@lw3646

Жыл бұрын

Lol as if they're Solomon Northup or something....

why do you want kids Helen? To condemn them to a silly life full of strife such as your own? What a horrible goal in life.

Unable to sell EU approved cladding surely?

leasehold is like slavery only in UK in Europe only in UK unbelievable

Just how 'robustly' WILL government 'encourage' mortgage lenders to support OTHER evidence of building safety? Is this coded language for: 1) 'We in government have enough on our plate with Brexit and Covid 19, so we are taking a laissez-faire attitude on this issue' ? 2) 'We in government have an understanding with the banks, we won't bother you, if you don't bother us' ? 3) )OR 'We in government do NOT wish to rack up higher public expenses by employing more specialist building surveyors at this time' ?

They are not unusable, unimportant, or unable to be bought though, are they? if you sold them cheap to local councils and they were all social housing that accepted benefits, migrants, refugees, working, non-working, etc, and the Council or Government paid for them to be made more safe and habitable, well we'd be in a better U.K. wouldn't we and would have solved some of the Housing crises gripping the Country. mostly due to unsafe, or less-affordable housing.

Well” who would buy a box coated in petrol😳 it’s a terrible situation for them. I’ve always said” people should realise that signing a mortgage is much more than buying a property” and they should think of why! It’s called a mortgage! (French meaning) 👈🏾 = Death grip”

Why don't they just get the EWS1 form it's a £200 survey where I live. It's like getting your Home report in Scotland before you go to market.

@mogznwaz

3 жыл бұрын

Why do that when they get the taxpayers to fork out instead?

@deepamistry-longley6664

3 жыл бұрын

The cost of the survey is much higher more like £10k now because the risk attached to it the inspectors are struggling to get indemnity insurance.

At least these people own properties. Cry me a river like.

@avarose__

3 жыл бұрын

Totally understand that statement and why you might think that but me and my other half saved for a solid 10 years to get the deposit to buy our flat. Two years after buying it we found out about all the cladding issues. All the extra waking watch fees, insurance fees going up, could bankrupt us (not that we have much to start with after paying the mortgage). We scrimped and saved to get our flat. I was working a minimum wage job at the time. Would never have been able to do it if we lived alone, so we were lucky that we could save together, which a lot of people can't do, granted. But it's not just well off people that are flat owners. We don't 'own' anything right now. We can't sell the flat, it's unmortgageable because it's unsafe. We are expecting to get a bill of anywhere between £30,000 - £80,000 to fix all the cladding and structural issues with our block of flat. It's a fucking nightmare. It took us 10 years to save £15,000 for a deposit, how the hell are we supposed to get that kind of money... :(

@oliverhopkins8074

3 жыл бұрын

Get bent MA C. I work bloody hard to own this place, have thrown tens of thousands into improving it for it to now get a £0 valuation. If your life is so hopeles you can't get a home then sort yourself out, don't come on here to slate those better than you.

@mac2654

3 жыл бұрын

@@oliverhopkins8074 we don't even know each other so its pointless having a go at one another. I do hope things improve for you Oliver. I saw recently the government are going to help so there may be some light at the end of the tunnel for you. Best wishes.

Why do people feel they are ‘trapped’ as if they have no control over their destiny. You get a survey done and and pass the EWS1 to the potential purchaser. This is drama making on a grand scale. Actually there is a simple process, which I personally have been through. My annoyance was that my building was made of brick but had a roof extension (not owned by me) which had zinc cladding. It does not require ‘remedial’ work if the cladding is compliant. Most cladding is compliant! This is hysteria.

@twat1

3 жыл бұрын

yeah alright then boomer

@oliverhopkins8074

3 жыл бұрын

Charles, you wanna switch situations?

So conservative that hate government interference now what’s government to interfere when it comes to their own interests. Hypocrites

Get married have children ( correct way around)

@kenrehill8775

3 жыл бұрын

Jayne Stagg I noticed that, good for her, rare.

@oliverhopkins8074

3 жыл бұрын

None of your business Jayne, get a grip luv

I've heard crap from the public but this is ridiculous. Some of these flats are over 100 years old and we keep blaming governments. Whatever you want the government to do, don't forget you'll ultimately be paying for it through your future taxes but you don't want to do that. You no doubt also want your service charges that you pay on your flats to be nice and cheap! The Govt and local authorities own loads of these blocks already for affordable housing. Bet they don't want to now!!

@realitycheck1261

3 жыл бұрын

Her building hardly looked 100 years old.

@martinfairchild1479

3 жыл бұрын

@@realitycheck1261 It wasn't, but many council blocks are.

@martinfairchild1479

3 жыл бұрын

@methven Arundell Thanks for your insight into my knowledge but some have balconies which are also affected by the EWS1 forms. Lenders have issues with the later regulations which now include balconies and even overrules the 18 metre high limit, which used to render the EWS1 form unnecessary. Oh and mince isn't thick...unlike some!

@oliverhopkins8074

3 жыл бұрын

@@martinfairchild1479 they aren't. You're off you're rocker old man.

@martinfairchild1479

3 жыл бұрын

@@oliverhopkins8074 Thanks for your insight into my brain function. They aren't what?

For many walk as enemies of the cross of Jesus. Their end is destruction. They glory in their shame!

@DPK12

3 жыл бұрын

Good to know pat, I'll sleep well tonight

@erikwoods821

2 жыл бұрын

Ohh - better let all my m8's know!

Rent it out and use it to buy another.

@spencerkay6131

3 жыл бұрын

Depends on the mortgage that they hold. I presume that they may have paid this off however the insurance and review of the cladding would still be needed

@whatfruit7965

3 жыл бұрын

You can't rent somewhere with unsafe cladding no one will insure it.

@Hopelevelheaded

3 жыл бұрын

Only works if you have a seperate deposit saved, or already mortgage free.

EU approved of the substandard materials and deemed it safe. So this is clearly their error and thus they must rectify this problem. The government are responsible for the costs of remedial works, not leaseholders. Here’s a similar situation although on a total different subject, In 2011-2012, PIP breast implants which were made from substandard silicone material had previously been approved and deemed safe by EU regulators before the scandal broke. Innocent patients were later told that the government will pay for the removal of these faulty implants but will not replace. Those who had paid by credit card for their faulty implants, received full refunds. So basically, the leaseholders are innocent and the government must take full responsibility for having allowed these substandard cladding in the first place!

Labour began the trend of the government not building houses under Brown and Blair, but exacerbated the problem further by allowing millions of low skilled foreigners to enter.

@twat1

3 жыл бұрын

give us brexit for god sakes!

@pandora8478

3 жыл бұрын

No. It started with Thatcher buying cites with right to buy but never replacing the stock.

@urbanimage

3 жыл бұрын

Jason Devon But do let us look on the bright side. Once the economy tanks after the transition period, and all those unskilled foreigners have left, their will be lots of job opportunities for patriotic Brits like yourself picking fruit and vegetables in the sun kissed fields of England 8--)

keep voting Tory 🙄😕😑

So, nothing to do with social housing, Conservative councils and ethnicity. Happened to labour councils and wealthy private properties. Ruins the usual BBC social justice narrative.

@Damo2690

3 жыл бұрын

Imagine thinking the BBC arn't pro torrie

So let me get this straight, the blonde woman ALREADY owns an apartment. She just wants to move. That's it. She could just rent out the one she has and rent another where she wants to live. UNYET... "Cladding" is all she thinks about night and day... SERIOUSLY?! WTAF? Sit down, shut up and be grateful you have a place. FFS. (Replace the word "cladding" with "money" and I think you will be alot closer to the truth.

@Damo2690

3 жыл бұрын

Probably can't rent it out because of cladding either

@realitycheck1261

3 жыл бұрын

And where's that capital from the sale if her flat going to come from. It is not like she presently rents. Owner owned property is an investment for many people's future and retirement.

@BigJProductions

3 жыл бұрын

​@@Damo2690 I seriously doubt there is any law against that. The UK is like the world HQ for slumlords. you can rent any old piece of shit in the UK. (along with new york)

@BigJProductions

3 жыл бұрын

@@realitycheck1261 putting your bad english/typos aside for a moment, you're right people DO treat their houses like their life savings. (pathetic that they need to) Unfortunately to many people do this and the uk regime is wise to it. So they build a massive ponzi scheme. It relies on fresh, young, dumb blood coming in from the bottom as well as ever cheaper credit. It will crash, it HAS to. anyway, I digress, getting back to your first point, she rents to person A, person A pays her rent. she uses that rent to pay person B whom she rents the new place from. Its not brain surgery.

@BigJProductions

3 жыл бұрын

@methven Arundell lol. clueless as...whatever. clearly you have not tried finding a place to rent in a housing crisis.