'RAAC in our roof has robbed us of our retirement'
Original Article Summary
A Dundee couple's future plans are on hold after the cheap version of concrete was found in their home
PropMatch Curated Analysis
RAAC concrete found in 900 Dundee properties is forcing private homeowners to face hefty repair bills, blocking sales and derailing retirement plans, while council tenants receive protection.
Investor Relevance
Critical for acquisition due diligence - properties built 1950s-1990s need RAAC surveys as presence can block mortgage approvals and create substantial unfunded repair liabilities. Also affects exit strategies as sales can fall through when RAAC is discovered.
Original Source:
BBC NewsStay Updated
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