ens of thousands of homeowners who live in buildings with combustible cladding are being told that their properties are worthless by valuers, leaving them unable to sell or switch mortgage provider.
The issue of cladding came to the fore after the Grenfell Tower fire in June 2017, which killed 72 people. Aluminium panels on the west London tower block contributed to the disaster.
While potentially unsafe cladding has quickly been removed from most council-owned buildings, huge numbers of people who own flats in private blocks still have dangerous panels on their buildings.
This has caused misery for homeowners who are trying to sell, as valuers must state that the property is worth zero because…