Web1 day ago · Two of the remaining four housebuilders who were ‘named and shamed’ by Michael Gove last month for missing a cladding contract deadline are closer to signing. The housing secretary listed 11 housebuilders who had missed a six-week deadline to sign the contract, which gives legal force to a pledge to remediate their own blocks over 11m … WebJan 10, 2024 · £1 billion wiped off FTSE house builders as Michael Gove hits them with cladding bill Persimmon sunk to the bottom of the FTSE 100 and Redrow dropped on the FTSE 250 as the government told the...
UPDATE 2-UK gives housebuilders $5 bln bill to remove cladding
Web8 hours ago · Rydon, the main contractor for the re-cladding of Grenfell Tower, was party to the settlement. The settlement does not have any impact on the Grenfell Tower Inquiry, which is due to issue a report ... WebNov 1, 2024 · The cladding tax introduced in last week’s Budget could cost the nation’s biggest housebuilders £205 million a year, research from Sirius Property Finance has found. As part of his speech in the major fiscal event on Wednesday October 27, the Chancellor confirmed a new Residential Property Developer (RPD) Tax would be … brian cox rock star
Housebuilders told to remove unsafe cladding on low buildings
WebFeb 10, 2024 · The housebuilder Persimmon has set aside £75m to pay for any work needed to remove cladding on its high-rise buildings after a review of its past developments. The developer is mostly known for... WebMar 18, 2024 · Many analysts think it is the cladding crisis, above all, that is affecting the valuation of the sector – in particular, the housing secretary’s insistence that … WebJan 10, 2024 · Developers often argue that they met building regulations at the time and should not be liable for the cost of removing unsafe cladding. However, some, such as … coupons for cheapoair