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Metis Tower Block - Repair Or Replace ?


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The Sunday Times 24 Jan 2021 carried a report about cladding problem affecting tower block  on  Metis  ?  and the flat owner was  being  required to  pay  £100K  to fix the problem .

 

Is £100K  to repair more than the market value of the flat ?  If every flat in the tower block  has the same cost , it may be better to replace the building  rather than fix the problem .

 

 

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