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Could the building safety crisis damage the housing market?

It’s estimated up to a million properties could be affected by UK’s building safety crisis - at the lower end that’s one in 55 properties.

The majority of these properties will be mortgaged.

What happens if leaseholders cannot repay their lenders and cannot sell because their properties have collapsed in value?

And could this cause a wider property market collapse?

Economics Editor Ben Chu reports.

Release date:

Duration:

4 minutes