Thousands of people are struggling to sell their properties, or indeed unable to sell due to cladding on the outside of the building.
Over the last few years there has been a stark realisation that many properties are fitted with cladding that could be combustible.
Thousands of people are struggling to sell their properties, or indeed unable to sell due to cladding on the outside of the building.
Cladding has become a big concern on residential structures in the UK since 2017, and recent reports have found that over 350 properties built for living have highly combustible cladding within them. Not only is this a huge safety concern, it also leaves homeowners with very little chance of selling.
In recent years, mortgage providers have refused to make offers on buildings with unsafe cladding or ones in which the developers have refused or been unable to provide assurances. If that is the case, a lender will essentially value the home as zero and not offer a mortgage.
Which is naturally a problem for those wanting to sell. If you are wishing to sell your home with cladding, below you’ll find some advice on the best steps in which to do so.
Get Assurances Of Cladding’s Safety
The first step is to discover what sort of cladding they building has and gain assurances from the developer. Government guidelines state that on buildings with cladding of more than 18 metres, nine metres must pass a fire test.
If this hasn’t occurred, then pushing the developers to do so is required. One problem however is the number of experts qualified to carry out such testing, which is creating a backlog.
All buildings and residences with cladding should be retested following December 2018, when government guidelines were updated.
If cladding is deemed unsafe, then homeowners can seem stuck, with the only guaranteed way to ensure fire safety is met is to pay for the work themselves.
However, in some instances developers may pay for the work, while some people are looking to sue the home builders.
What Cladding Is The Most Dangerous?
The most dangerous types of cladding are ACM and HPL, although the government are concerned about metal composite materials, which includes cladding made from zinc, copper or steel.
Meanwhile, timber cladding has also proven dangerous.
Selling Your Home Quickly
If it’s the case where you simply cannot wait for a safety process to be completed, then there is the option to sell your property quickly with Property Rescue.
We will cash buy any property regardless of its condition and help with the sale every step of the way. Our expert team will walk you through the entire process and can have contracts exchanged within 48 hours.
If you’d like further information on selling a home with cladding, contact our team on 0808 274 5652 or request a call back by clicking here.