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Suspended property funds collect £40m in management fees over 2020

Suspended property funds collect £40m in management fees over 2020
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Industry has little faith in government to resolve the cladding issue

Just 1% of industry professionals have total faith in the government to resolve the cladding issue within two years, according to a webinar poll undertaken by Countrywide Surveying Services (CSS). The poll posed the question, ‘How much faith do you have in the government (north and south of the border) to resolve the cladding issue within the next two years?’ A total of 256 attendees voted with 50% saying they were ‘not confident’, 34% were ‘unsure’, 15% suggested that they were ‘somewhat confident’ whilst only 1% opted for the ‘very confident’ option. This response came from the firm’s monthly webinar series, which revolved around a panel debate on cladding.

Industry veterans query RICS appointing own bosses to lead review of group

By Tom Lowe2021-03-15T06:00:00+00:00 Paul Morrell and Richard Steer question independence of initiative The UK’s former chief construction advisor has called the decision of the Royal Institution of Chartered Surveyors to ask its own bosses to chair a review into its future purpose a “disaster”, adding the organisation’s leadership should leave their posts. Paul Morrell said the appointment of RICS president Kathleen Fontana and chief executive Sean Tompkins to chair its ‘Defining Our Future’ review, which was prompted by a member backlash against a governance scandal, was a “pathetic” attempt to “keep a lid on things”.

More than 100 of Scotland s high-rises still have deadly cladding as ministers sit on £450m pot

  More than 100 of Scotland s high-rises still have deadly cladding as ministers sit on £450m pot PREMIUM More than 100 of Scotland s high-rises still have deadly cladding as ministers sit on £450m pot MINISTERS are under increasing pressure to deal with a cladding crisis in Scotland as it emerged that over 100 local authority high rise buildings have potentially deadly cladding four years after the horrifying Grenfell Tower blaze that claimed the lives of around 80 people. Research by the Herald on Sunday has revealed that around one in seven blocks of flats in Scotland overseen by local authorities have the combustible material. It comes amidst criticism that the Scottish Government has not spent a penny of up to £450m available in the last year to deal with the problem.

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