Building Safety Defects: Costs Debate
Full Debate: Read Full DebateLord Hendy
Main Page: Lord Hendy (Labour - Life peer)Department Debates - View all Lord Hendy's debates with the Ministry of Housing, Communities and Local Government
(2 years, 10 months ago)
Lords ChamberMy Lords, I recognise the plight that leaseholders in social housing face, particularly those who are shared owners and have only a proportion of the equity. We made it part of our approach to funding for unsafe cladding beyond aluminium composite material that those costs are borne by the registered social landlords if they are not able to recoup the money from developers. We will continue to urge that these people are protected wherever possible.
My Lords, given the multiple failures of organs of the state revealed in the Grenfell Tower inquiry—through failure to implement the findings of coroners’ inquests, failures of the building regulations, failures of building control and so on—surely the obvious answer is for the Government to establish a fund to pay out to all those who deserve compensation and to use those resources to sue those who are responsible.
My Lords, I do not think it is as simple as that this was at the hands of failed regulation, although we recognise that there was regulatory system failure. That is why we are bringing forward the Building Safety Bill. We have put a substantial amount of money towards remediation costs, and we will do what we can to pursue those that have caused this crisis in the first place.