SearchFlow highlights costs of hidden hazards

Published on

21% of UK properties contain a hazard to safety so serious the local authority has a duty to intervene, according to research by property search firm SearchFlow.

If these hazards were to be repaired, SearchFlow calculates it would cost the UK’s property owners in excess of £52 billion.

Hazards qualifying for CATEGORY 1 under the Housing Health and Safety Rating System include those that can cause death, lung cancer, permanent loss of consciousness, 80% burn injuries, the loss of a hand or foot, eye disorders, heart attacks and poisoning.

According to the Housing Act 2004, these types of hazard create an obligation for local authorities to either force the property to be vacated or to require immediate repair.

The English Housing survey states that in the UK, almost five million dwellings contained such hazards and that 1.9 million dwellings contained dangerous steps and stairs.

Stuart Pearce, CEO of SearchFlow said: “Many homeowners are unaware they live with serious hazards every day. When private dwellings are assessed by local authorities

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

ModaMortgages cuts rates with limited edition buy-to-let range

ModaMortgages has launched a limited edition buy-to-let range with rates reduced by up to...

First-time buyers face confidence gap as unexpected costs and delays mount

Nine in 10 first-time buyers believe they understand the home-buying process before starting, but...

Family BS hires Paul Ormonde for Central London broker role

Family Building Society has appointed Paul Ormonde as a business development manager covering Central...

LendInvest raises £300m through latest Mortimer securitisation

LendInvest has completed its eighth Mortimer residential mortgage-backed securitisation, securing £300 million of funding...

TMG adds Gable Mortgages to lender panel

TMG Mortgage Network has added Gable Mortgages to its lender panel, giving member firms...

Latest publication

Other news

ModaMortgages cuts rates with limited edition buy-to-let range

ModaMortgages has launched a limited edition buy-to-let range with rates reduced by up to...

First-time buyers face confidence gap as unexpected costs and delays mount

Nine in 10 first-time buyers believe they understand the home-buying process before starting, but...

Family BS hires Paul Ormonde for Central London broker role

Family Building Society has appointed Paul Ormonde as a business development manager covering Central...