Building Safety

Geoffrey Clifton-Brown Excerpts
Wednesday 10th February 2021

(3 years, 9 months ago)

Commons Chamber
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Robert Jenrick Portrait Robert Jenrick
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The hon. Gentleman, for whom I have great respect, misunderstands the scheme that we have just announced. For buildings of between four and six storeys, where the risk is much lower, leaseholders will have the opportunity, if they wish—there will be no compulsion—to take advantage of the financing scheme. That loan scheme financing arrangement will sit with the building, not with the individual. It will not affect the individual’s personal credit rating, and it should not have a material impact on the value of their property. It will be akin to paying somewhat more on their service charge every month. As I say, it will be capped at £50 a month, which is similar to the average service charge. Of course, in many buildings the service charge is already far in excess of that.

Geoffrey Clifton-Brown Portrait Sir Geoffrey Clifton-Brown (The Cotswolds) (Con) [V]
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In drawing the House’s attention to my entry in the Register of Members’ Financial Interests, may I say to my right hon. Friend that I think this is one of the most generous and innovative schemes anywhere? In buildings to which the finance loan scheme is applicable, will it apply to non-cladding costs that nevertheless contain a material health and safety element—for example, fire doors and asbestos?

Robert Jenrick Portrait Robert Jenrick
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We have chosen to focus both the grant scheme and the financing arrangements on cladding. That is for good reason, because the expert advice that we have received from the independent panel has consistently been that cladding is the greatest danger that needs to be combated. There may be other defects in buildings, and they will vary widely from building to building. They will have to be a matter for the building owner and for the homeowner. We, as a Government, are going to tackle the big issue here, which is cladding. We are going to end the cladding scandal that began with the Grenfell Tower tragedy.