Building Safety Defects: Costs Debate
Full Debate: Read Full DebateBaroness Watkins of Tavistock
Main Page: Baroness Watkins of Tavistock (Crossbench - Life peer)Department Debates - View all Baroness Watkins of Tavistock's debates with the Ministry of Housing, Communities and Local Government
(2 years, 10 months ago)
Lords ChamberMy Lords, we have a new Secretary of State who is putting his fresh eyes on this. We recognise that the developers that put up these shoddy buildings need to pay. Indeed, we may need to look at other people—the cladding manufacturers may also need to contribute to this—because we want to do whatever it takes to ensure that leaseholders are protected as far as is practicable.
My Lords, I declare my interests as outlined in the register. It is intended that there will be a new regime for shared ownership in terms of liability for new leaseholders. However, currently, many leaseholders who own only a quarter of their properties are being expected to recompense the costs for 100%. Can the Minister tell me what the Government intend to do about this? If he cannot, will he write to me, because there is considerable mental anguish among many shared owners—the majority of whom are essential public sector workers such as paramedics, teachers and nurses?
My 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.