The National Infrastructure and Service Transformation Authority (NISTA) has downgraded the government’s cladding remediation programme to a red rating, warning the programme that work “appears to be unachievable”. constructionnews.co.uk/build…

Last month, a new account called London Price Drop appeared on X. It has already gained more than 14,000 followers simply by posting screenshots from Rightmove, which illustrate how properties in the capital are falling sharply in value. One of these is a leasehold flat in Shepherd’s Bush purchased for £425,000 in 2017, before being re-listed for £395,000 in May 2024, and eventually sold for £325,000 last August. Adjusted for inflation, that represents a real terms loss of close to £250,000. The London Price Drop account is so popular because it contradicts an assumption that many in Britain hold dear. Young or old, owner or renter, almost all of us believe that buying property is the route to wealth, and that house prices, in the long run, always go up. It’s scary and surprising then to discover that properties, especially flats, inside the M25 are losing their value so quickly. ✍️ John Power Article | spectator.com/article/flat-o…

We've forced the Government into a u-turn over flammable #cladding on buildings - but it's still not enough so the campaign goes on! #EndOurCladdingScandal