
Furious residents of luxury cliffside apartments left 'scared their homes could collapse' amid newbuild nightmare
Furious residents of the Cliff Edge development in Newquay, Cornwall were marketed 'high-end' coastal living spaces, offering a 'special and rare' opportunity.
They were quickly snapped up by owners seduced by the stunning seafront location.
But those living in the plush properties say conditions have got so bad that the dream has turned into a nightmare, with fears spiralling over its structural integrity and a basement that floods every time it rains.
Residents have spent three years battling issues with the apartments, built by developer Stephens & Stephens - and concerns remain over their homes potentially collapsing.
Problems have got so severe, according to owners, that a website has now been set up to warn any potential buyers against investing in Cliff Edge or Cliff Edge 2, which is currently under construction.
On the site, named Stephensandstephensfactcheck.co.uk, residents write: 'The Leaseholders of Cliff Edge feel it is their moral duty to provide prospective buyers and investors with the full information and their experiences so they are able to make an informed decision.'
The page contains photographs of the rain-damaged basement and features a number of testimonies from owners of the apartments.
One said: 'I am actually scared the building won't be safe in the long term. I do worry it will collapse.'
Another claimed the development is not 'waterproof' and floods are 'routine in the basement, the electrical room and in some apartments', while the stairwells and balcony railings are 'already suffering from corrosion'.
Stephens & Stephens consists of husband and wife Paul and Helen Stephenson.
SBP crisis management, which handles press relations for the developer, said the company has already been in touch with Cliff Edge's Residents Action Group, adding 'the ball is very much in their court'.
A local survey of residents living in the building has been carried out, with further comments posted to Stephensandstephensfactcheck.co.uk on problems they have been facing.
One said: 'Two years after buying, many residents have extensive lists of outstanding issues that have yet to be addressed.
'These include missing breakfast bars, cracked showers, significant roof leaks, malfunctioning appliances, balcony rails that have slipped down and defective flooring.'
Another added: 'The non stop leaks in the basement look like they have caused serious damage and Stephens and Stephens don't care. I have been lied to over and over and over again.'
The buildings were quickly snapped up by owners seduced by the stunning seafront location
Other complaints pointed out the 'poor quality of fixtures and fittings', the 'poor infrastructure, as well as the developers' alleged 'failure to acknowledge or deal with defects' to the buildings.
One angry owner said: 'There have been leaks throughout the building since day one that the developers have attempted to cover up and play down.
'The apartment isn't what we bought based on the plans we bought from.'
Another resident claimed the building was 'not complying with fire and building regulations' and described it as having 'major structural and waterproofing defects'.
One infuriated home-owner added: 'On the surface, Stephens & Stephens spend a lot of effort on their brand and design, which we completely fell in love with.
'But sadly it's a facade for a company that simply lacks care, takes shortcuts and leaves a trail of destruction.'
And on the website, one resident said: 'Do not make this mistake as you will end up with unsafe and worthless property.
'This decision will make your life a misery and you will have a lot of sleepless nights.'
Sam Beilin from SBP crisis management added: 'There are works that need to be dealt with within the development some of which are the developer's responsibility and some of which fall to ongoing estate management.
'We recently exchanged correspondence with the Residents Action Group and to which we await a response.
'The reality here is that the managing agents are unable to do much because the residents have not paid their service charges which includes building insurance and warranty fees.
'We are not building surveyors so we cannot comment on the works about which the residents complain.
'However, the complaint over apartment design is a contractual matter in respect of which they need to take legal advice.
'Additionally, there is nothing that we can do about the price they paid, as you know property prices go up and down and they would have had the chance to inspect and survey their apartments to confirm quality, before they completed their purchase.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily Mail
6 minutes ago
- Daily Mail
HUGO DUNCAN: The genie has burst out of the bottle - and it's all too clear who is to blame
The chickens are coming home to roost. When Rachel Reeves broke the Labour election pledge not to raise national insurance, she was warned the £25 billion tax raid on business would push up prices and cost jobs. She did it anyway. Official figures last week showed that 206,000 jobs have been lost since the election. Now we have inflation roaring back as companies push up prices to deal with the extra costs they face as a result of the Chancellor's growth-sapping, job-destroying policies. Ms Reeves used to boast that Britain was the fastest-growing economy in the G7. Not any more. But at 3.8 per cent, we do have the highest inflation rate of the seven major developed economies. In September last year, ahead of the Budget, it was 1.7 per cent. The Left-leaning Resolution Foundation says that UK inflation 'looks increasingly like an international outlier'. The bond markets are watching – and don't like what they see. Not only is the inflation genie bursting back out of the bottle, and the economy floundering, but our national debt is soaring and, in abandoning welfare cuts, Labour has shown it has no plan to bring the public finances back under control. As a result, Britain faces the steepest borrowing costs in the G7, with the 30-year bond yield at its highest level since 1998. That means the United Kingdom Government pays more to borrow on the international money markets than the United States, Germany, France, Italy, Japan and Canada. In other words, lending to Britain is seen as a riskier bet than lending to any of these other countries. The spike in inflation will not help as a large portion of UK Government debt is index-linked – meaning payments rise as inflation goes up. There are very real consequences for families across the country. Inflation is a menace that eats into the income of workers and pensioners alike, devastating living standards along the way. Yes, average prices may have been pushed a little higher by the 'Oasis effect' as fans paid through the nose for hotel rooms around concert venues. But this is also about parents struggling to pay for school uniforms, families putting the weekly supermarket shop on the credit card to make sure they have enough money to pay household bills, and then worrying about how they'll pay for Christmas after pushing the boat out on even a modest summer holiday. Rail fares – which are linked to inflation – now look set to rise by 5.8 per cent next year. There is also the prospect of energy bills rising again at the start of October – little over a month away – just in time for winter. It might seem a long way off, but it will come round soon enough for those feeling the pinch. Another Reeves boast is that interest rates have come down five times since Labour came to office, from an annual rate of 5.25 per cent to four per cent. But while she seeks to take credit for this, how much lower might interest rates now be had the Chancellor not driven up prices with her inflationary rises in national insurance and the minimum wage? With inflation nearly double the Bank of England's two per cent target, hopes of a further interest rate cut this year are fading fast. Instead, families and businesses are braced for another punishing round of tax rises in the autumn. The squeeze has only just begun.


FF News
22 minutes ago
- FF News
Pension Saving Strong in 2025, Yet Gender Inequality Remains Entrenched
Pension savers have maintained strong contribution levels in the first half of 2025, sustaining the record momentum seen in 2024, according to new analysis from leading online pension provider, PensionBee . However, the figures, based on 286,000 invested PensionBee customers as of 30 June 2025, reveal a persistent gender gap in pension savings, highlighting ongoing inequality in retirement outcomes and raising fresh questions about how to close the divide. Average quarterly contributions stood at £1,624 in the first half of 2025, compared to £1,677 during the same period in 2024, representing a 3% decline. The small drop may reflect a market settling down, following the exceptional high contributions spurred by the increased annual allowance in 2024. Despite this, savers are largely holding firm in their pension commitments amid ongoing economic uncertainty. Gender gap remains stubbornly wide The data shows a continued disparity between male and female savers. In the first half of 2025, men contributed an average of £1,845 per quarter, while women contributed £1,347 – a 27% gap that has shown little movement. This aligns with recent Department for Work and Pensions (DWP) figures, which reveal a 48% gender pensions gap among those approaching retirement. Male contributions fell 4% year-on-year (from £1,920), whereas female contributions remained largely unchanged (from £1,349). This suggests that women are sustaining their pension contributions, even as financial pressures persist, whereas male contributions may be more responsive to financial circumstances or market conditions. Self-employed narrow the gap Encouragingly, the gap between employed and self-employed savers has narrowed. In the first half of 2025, the self-employed contributed an average of £1,635 per quarter, compared to £1,679 among employed savers – a modest difference of just £44. Contribution levels declined slightly from a 2024 high over the same period, falling 4% (from £1,708) for self-employed savers and 1% (from £1,702) for employed. Lisa Picardo, Chief Business Officer UK at PensionBee, commented: 'We can't allow today's contribution gaps to become tomorrow's poverty in retirement. It's encouraging to see average contributions maintaining 2024's exceptional levels. But the persistent gender gap in contributions is concerning. 'The fact that male savers consistently contribute over 25% more than female savers reflects systemic inequalities that compound over decades. When women are earning less and taking career breaks for caring responsibilities, lower pension contributions naturally follow. 'The DWP's own figures show a significant 48% private wealth gap between men and women approaching retirement. The government must urgently address these structural barriers through policy reforms, while employers and the pensions industry need to do more to support women's retirement outcomes.' Companies In This Post PensionBee


Daily Mail
36 minutes ago
- Daily Mail
Britain's most targeted shop: Robbed, set on fire, ripped off and forced to tackle thieves herself. The luxury boutique owner who refuses to shut after astonishing crime wave
Preyed upon by fraudsters, rocked by Hollywood-style heists and nearly blown up by a petrol bomb - this is the luxury handbag store fighting for survival in Cheshire's Golden Triangle. Christine Colbert, 58, has suffered a series of 'catastrophic' setbacks which have routinely threatened to destroy Dress Cheshire, the beloved boutique she set up in the celebrity enclave of Prestbury back in November 2018. In the last five years, she has fallen victim to the notorious 'Kardashian of Cheshire' handbag fraudster, lost £430,000 worth of stock in two separate heists and suffered £10,000 in damage when the building next door was blown up by arsonists. On one occasion, she even had to take matters into her own hands by wrestling a shoplifter to the ground after they stuffed one of her Louis Vuitton handbags in an Aldi bag before brazenly walking out the front door. Speaking exclusively to the Daily Mail, Ms Colbert said: 'I have felt like a target, a massive target. It's made me very anxious and more nervous... I've had some very, very dark days.' She added: 'As a business, we've been rocked absolutely to the core through all of these unfortunate events. We're not sitting there feeling sorry for ourselves, but it's just been catastrophic. You couldn't write it.' Dress Cheshire suffered its first major burglary in March 2024 when four men scaled the back of the building, ripped out a window and drained the company of £180,000 worth of handbags in a terrifying heist. In the same month, she turned 'Miss Marple' to help bring down Jack Watkin, the self-proclaimed 'rich kid of Instagram' who conned victims including Ms Colbert out of thousands of pounds in an elaborate designer handbag scam. Watkin, who befriended Ms Colbert in September 2020 and became a regular visitor to her shop, defrauded her out of £44,000. The scammer, who described himself as the 'Kardashian of Cheshire', persuaded people to invest huge sums - which he claimed was to buy and sell luxury handbags - but stole the money to fund his millionaire lifestyle. Luxury handbag seller's five years of hell 2020: Christine Colbert is befriended by Jack Watkin, a man who would go on to defraud her and others out of tens of thousands of pounds. March 2024: Dress Cheshire suffers its first major burglary as four men scale the back of the building and take £180,000 worth of handbags and stock. March 2024: Ms Colbert turns 'Miss Marple' to help bring down Watkin, luring him into a trap before police arrest him. August 2024: The building next door to Dress Cheshire is blown up in an arson attack, leading to £10,000 in damage to her shop. June 2025: Dress Cheshire suffers a second major burglary. This time £250k worth of handbags are stolen after thieves tunnelled their way in. Through all this time, Ms Colbert has had to fend off petty thieves and credit card scammers who have tried to bleed her accounts dry. Then in August 2024, two months after the first major burglary, the building next door to Dress Cheshire was blown up in an arson attack, which left the shop moments away from being destroyed in a gas explosion. Recalling the terrifying moment to the Mail, she said: 'Somebody petrol bombed next door and nearly blew us up. At like midnight, the police were banging on my door and I looked out the bedroom window and it was police blues and twos. I was thinking "what now?" because it had only been within weeks of the first burglary, and I answered the door in my dressing gown. And she said, "It's Dress Cheshire". 'And I said, "Don't tell me we're being burgled again." She said it wasn't us directly but the shop might catch fire if we don't get the gas turned off.' Unfortunately, this was just the latest in a string of 'traumatic' incidents for Ms Colbert. On June 8 this year, she was forced to watch a group of brazen thieves steal £250,000 worth of luxury handbags after tunneling through her shop. Three intruders circumvented Dress Cheshire's sophisticated security set-up by identifying the 3ft wide chimney stack as a weakness. Having smashed their way through, one used a duvet cover as a giant pouch to steal the highly sought-after pre-owned bags from brands including Chanel, Gucci, Dior, and Louis Vuitton. Live CCTV footage showed the skilled thieves ransacking the shop, where bags valued at as much as £30,000 were snatched. The second heist coincided with the start of Watkin's trial in June. Ms Colbert said: 'I knew June was going to be a horrendous month. I didn't anticipate the heist, who could. 'Because of the arson next door, that led to the heist because that building has been unoccupied since then and boarded up. So they took advantage of that situation and were going in and out.' When asked if she feels like the unluckiest business owner in Britain, she said: 'Well, yes and no. My cup's always half full... but I feel like I've definitely had my share of bad luck and it has been horrible. 'Throughout all of the frauds and the robberies, nobody really knew that I was dealing with Jack.' She added: 'Don't get me wrong, I think any one of those things could topple someone completely, and just have them thinking, I don't need this. But then also they're not going to knock me over. Absolutely no chance. 'Why would I allow these horrible individuals of all different categories that they are try and topple me, but don't get me wrong, I have felt like a massive target. 'We're a small business, we're not a big multi-million pound business. I've lost my own personal money here and people don't see that. 'I'm a northern girl. I don't come from a wealthy family. I just come from Northern grit. You just pick yourself up, dust yourself down and crack on. That's what my parents told me to do and that's what I've done.' In between the major heists and sickening fraud from a 'friend', Ms Colbert has also faced a terrifying credit scam from fraudsters posing as customers in her shop. Explaining how it works, she told the Mail: 'We've had people in trying to intercept our payment gateways. They literally try and keep us preoccupied whilst they make fraudulent payments in our card terminals. 'They blatantly walk in, they say they're going to buy a £5,000 bag, and then they try and use the machine for their own gain, and so not only steal the bag, but steal my money and empty my bank account at the same time.' She explained how they usually operate in pairs, with one talking to her and the other 'punching in' numbers to the card machine. The cunning plot sees the payment go through as a 'customer not present' transaction, allowing them to walk out with the bag before ringing their bank to say their card has been compromised in order to get a refund. Watkin posed as a millionaire on social media to persuade people – including his own father - to invest in his fake designer handbag business But this is a fraction of the fraud carried out by Watkin, a man who Ms Colbert thought was a friend before he rinsed her bank account. The 26-year-old former public schoolboy promised his victims - including Ms Colbert - a share of the profits if they loaned him cash to buy and sell expensive Hermes bags. But neither the handbags or any profit ever materialised and instead Watkin used the cash to fund his extravagant lifestyle. At one stage he spent weeks living at the five-star Dorchester Hotel, in London 's Mayfair, where rooms cost up to £3,000-a-night. Police said his bill topped £136,000 in just six months. He also paid more than £22,000 to travel around the capital in a chauffeur-driven Rolls Royce and regularly visited Harrods, where he 'scouted' for victims and spent almost £68,000. Ms Colbert spent three years trying to get back almost £44,000 she had loaned Watkin when she decided to take matters into her own hands in March 2024. With the help of Watkin's close friend, Hannah Jakes, 34, who was also defrauded of almost £100,000, the pair lured the fake millionaire, who was on the run from police, to a local pub with the promise of more cash. Ms Colbert revealed how she wore a 'large hat' as a disguise and hid in someone else's car in the car park of The Merlin public house, in Alderley Edge, Cheshire, so he would not recognise her. But as soon as the unsuspecting Watkin arrived Mrs Colbert swung into action and dialled 999. Minutes later detectives from Cheshire police swooped to arrest him. Watkin was convicted in June after Ms Colbert helped bring him down and and will be sentenced in September. But to her utter disbelief, while most of Watkin's victims have all been paid back, Ms Colbert remains more than £44,000 down. As of October last year, the Government made it a law that banking institutions had to repay customers who have been a victim of fraud where the bank could have stopped it. 'All the main banking institutions had signed up to this and as a result of Jack being actually convicted, they have repaid the victims - except the one bank that I sent money to Jack from wasn't signed up to the scheme, and they won't pay me back. 'So I brought everything to justice, everyone gets their money back and I have had a £300 cheque of a thanks very much for your hard work.' Ms Colbert opened her business up in Prestbury in November 2018 before going online during the pandemic. Along with Wilmslow and Alderley Edge, Prestbury makes up the so-called Golden Triangle of towns favoured by Cheshire celebrities and sports stars. Ex-Manchester United star Wayne Rooney and his wife Coleen used to live there until they moved to a £20million home they designed nearby. However the area has been frequently targeted by burglars including a gang who snatched more than 100 rare handbags worth over £1million when they raided a home in Alderley Edge in March.