Oral Answers to Questions

Hilary Benn Excerpts

Monday 25th October 2021 Commons Chamber

[Hilary Benn (Leeds Central) (Lab)]

Many first-time buyers thought that they had bought the home of their dreams, only to discover that it was rendered worthless because they are caught up in the cladding scandal. Earlier this month, one of my constituents received a service charge bill for £103,000 to fix cladding for which they are not responsible, and requesting sums of money that they do not possess. It is reported that the Secretary of State, who I welcome to his post, has been told by the Prime Minister to “sort out” the problem. It is evident to all our constituents affected that the measures that the Government have announced thus far, which I support, are insufficient to bring this nightmare to an end. When will we see a comprehensive plan to help those leaseholders?

[Christopher Pincher]

The right hon. Gentleman is quite right: there are many people caught up in a terrible situation. That is why we have already spent more than £5 billion of public money on remediating the highest-rise buildings, and we will be bringing forward further proposals to deal with some of the other issues that he identifies. Fundamentally, this issue needs to be brought back into proportion. If we look at what Ken Knight and Judith Hackitt have said, there are far too many lenders and insurers that have been risk averse and have been ascribing zero values to property where no EWS1 form and no remediation, or very little remediation, is necessary. We are working with that sector to make sure that we fix it, and we will.