Leaseholders and Cladding
Debate between Andy Slaughter and Christopher Pincher(4 years ago)
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Andy Slaughter (Hammersmith) (Lab)
The Minister answered a series of questions on this subject yesterday, and his answers all contained the same formulation of words: “to protect leaseholders from unaffordable costs”. Does he realise that that leaves leaseholders in limbo? What he needs to do now is either define what “unaffordable” means better than “just below the bankruptcy threshold”, as in a previous attempt by one of his colleagues, or he needs to recommit to exempting leaseholders from those costs, as well as social landlords, as there are costs not only for leaseholders but for tenants?
Christopher Pincher
As I said earlier, I cannot commit that there will be no costs that a leaseholder will ever have to pay with respect to some historical defect. We want to make sure, through the building safety fund and the ACM fund, and through our work with developers and owners, that the costs of cladding issues that confront many people and which are the subject of great debate in the House are protected for leaseholders.
The hon. Gentleman asks me about affordability, which is a very subjective matter. I want to make sure, through the funds we have made available and the work Michael Wade is doing with the sector, that people are able to get on with their lives, restore value to their properties and live as normally as possible without the spectre of costs hanging over them.