Surely there is a huge opportunity to make money here if you can buy these flats way cheaper than market value less cost of rectification? Seems odd that the £600k flat in the article was valued at only £90k, as the costs to rectify the cladding can’t be that much.
In theory but who will be selling in those circumstances? V few people. It's a golden opportunity for anyway temporarily affected by the cladding issue to stiff the government for quite a bit of cash if you did take out an equity loan which is pegged to market value
Surely there is a huge opportunity to make money here if you can buy these flats way cheaper than market value less cost of rectification? Seems odd that the £600k flat in the article was valued at only £90k, as the costs to rectify the cladding can’t be that much.