(2 years, 10 months ago)
Public Bill CommitteesI think, in terms of the spectrum of powers, that we are better focusing on the ultimate power: that developers could be expelled from the scheme if they do not comply with the ombudsman’s code. That would prevent them from developing in the future, which feels like a heavy stick with which to beat them should they decide not to comply. It is therefore important for that ultimate action to be available, so that people know that a developer not prepared to comply with the code will ultimately be prevented from building homes in the future.
Question put and agreed to.
Clause 130 accordingly ordered to stand part of the Bill.
Clause 131 ordered to stand part of the Bill.
Clause 132
Developers’ code of practice
I beg to move amendment 57, in clause 132, page 137, line 9, at end insert—
“(1A) The code of practice must include measures on the standards of quality of work to promote building safety, including but not limited to, preventing water ingress.”
This amendment requires the developers’ code of practice to include standards relating to the prevention of water ingress.
(3 years, 1 month ago)
Commons ChamberUnfair practices have no place in our housing market and the Government are committed to ending them. In January, we announced a package of reforms that will result in substantial savings to leaseholders, and we are currently legislating to restrict ground rents to zero for future leases. The legislation is currently with their lordships and will come to this House in the autumn.
We have asked the Competition and Markets Authority to investigate potential mis-selling in the leaseholder sector. In September last year, the CMA began enforcement action against a number of developers and investors. I was particularly pleased to hear that both Persimmon and Aviva have already agreed to amend their practices as a result.
This is my first time shooting the breeze with the Minister in his new role—I offer him big congratulations. Will he clarify whether the Building Safety Bill will protect leaseholders in cases in which the property developer has failed to complete its work diligently, even if the company in question becomes insolvent because of its own malpractice?
It is a pleasure to shoot the breeze with my hon. Friend. It is fundamental that industry contributes for having compromised public safety, which is why the Building Safety Bill introduces a new levy on high-rise residential buildings. Clause 124 of the Bill also provides legal requirements for building owners to explore alternative ways to meet remediation costs and provide evidence. If that does not happen, leaseholders will be able to challenge costs in court. In addition, we have announced more than £5 billion towards remediation work on buildings of 18 metres and above and a generous finance scheme for remediation work on buildings of 11 to 18 metres.