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5th floor is great. Within reach of a ladder unit.
When I looked into right to buy, I was advised that I could not get a standard mortgage for properties above the 8th floor due to the fire risk.
That speaks volumes. When I did investigate mortgages, I discovered it's in the same risk class as canal boats. So a flat above the 8th floor is in the same risk category as a property, as something that can sink and whose build quality is largely unregulated.
I still feel safeish. You have to. Anyone in a tower block didn't have much day in the matter. I'm very lucky to now be paid enough that my deposit savings are coming on alright and I should have moved out within a year.
Velocio
I always felt quite safe in the tower block I grew up in, we had two fire escapes on opposite sides of the building... South Westminster tho', so they probably spent a bit more cash on it than a lot of other places... We were on the fifth floor too, not far to escape in an emergency...
It's unbelievable that this kind of cladding satisfies building regs if it's so flammable in these situations... So fucked...