'I'm stuck in a dangerous flat like Grenfell
- Peter Petropoulos's apartment was deemed 'high-risk' after inspections following the Grenfell tragedy.
- Residents are facing significant financial burdens, including rising service charges and insurance costs.
- Despite the developer setting aside funds for remediation, work has yet to commence, leaving residents anxious about their safety.
Peter Petropoulos purchased his apartment in East London in 2011, believing it to be safe. However, following the Grenfell Tower fire tragedy in 2017, inspections revealed that his building was classified as 'high-risk' due to the use of 'extremely flammable' materials. Despite the alarming findings, four years have passed without any remedial work being initiated, leaving Peter and other residents in a state of anxiety about their safety. The financial burden of living in an unsafe building has been significant for Peter, who works as a pricing manager. He faces escalating service charges, now amounting to £7,000 annually, which are intended to cover health and safety compliance. However, he is uncertain about how these funds are being utilized, as the management has withheld information regarding the building's insurance costs. In 2023, a report indicated that the developer had set aside £583 million for remediation efforts, the highest amount among UK developers. Despite this, residents are still waiting for clarity on the necessary safety work, with the management indicating that further reports may delay the process even more. Peter is contemplating selling his property if the situation does not improve. The developer, Bellway, has signed the Government's Developer Remediation Contract, which obligates them to fund and carry out critical fire safety work. However, residents remain in limbo, grappling with the fear of potential dangers and the financial strain of their current living conditions.