Cladding: High-rise Buildings

Lord Young of Cookham Excerpts

Tuesday 17th June 2025 Lords Chamber

[Lord Khan of Burnley (Lab)]

My Lords, the Cabinet Office announced investigations into seven organisations, a few of which the noble Lord mentioned. These organisations were named in the Grenfell Tower Inquiry report, enabled by the Procurement Act 2023, which came into force on 24 February 2025. The Cabinet Office is considering options under this Act. This is rightly independent. While this process must run its course, further actions outside the debarments regime against those involved in this tragedy have not been ruled out.

[Lord Young of Cookham (Con)]

My Lords, eight years after the Grenfell tragedy, the Public Accounts Committee in the other place reported that 3 million people are still living in unsafe buildings, unable to sell their properties and move on with their lives, facing high service charges and high insurance premiums, and in some cases facing repossession. The Minister’s own department says that this ordeal will not be completed until 2035, 10 years away. These leaseholders are the innocent victims of negligence and, as the noble Lord, Lord Rooker, has said, of greed. Do they not deserve a better deal?

[Lord Khan of Burnley (Lab)]

My Lords, the noble Lord speaks with great expertise and makes a very important point. This Government have been taking decisive action to address the building safety crisis so that residents do not need to wait a day longer than necessary to feel safe in their homes. We continue to work closely with industry, local authorities and residents to accelerate remediation efforts while ensuring that those responsible for unsafe buildings cover the costs. On the important point of insurance, work has been ongoing to reduce building insurance premiums for leaseholders. On lending, we have seen improvements for leaseholders who previously found themselves unable to sell or remortgage their homes, but we will remain vigilant and continue to hold the 10 major lenders to account following their commitment to lend on properties even if remediation is not yet complete.