Fire Safety: Leaseholder Bankruptcies Debate
Full Debate: Read Full DebateLord German
Main Page: Lord German (Liberal Democrat - Life peer)Department Debates - View all Lord German's debates with the Ministry of Housing, Communities and Local Government
(3 years, 3 months ago)
Lords ChamberMy Lords, I recognise that this crisis has built up over many decades and that the Government have a duty to step forward and help to a degree, but we must recognise that government funding does not absolve building owners of their responsibility to ensure that their buildings are safe. They should protect leaseholders where they can.
My Lords, the Government have said that they need £15 billion for the remediation of wall cladding. As the Minister rightly said, the Government are putting in £5 billion, but the levy they are seeking to raise from developers will provide only £2 billion over 10 years. It is capped at that sort of figure. When and how will the gap be filled?