Leaseholders and Cladding

Stephen Timms Excerpts

Tuesday 24th November 2020 Commons Chamber

[Christopher Pincher]

I entirely accept the points made by my right hon. Friend. We will continue to work with the insurance sector on the insurance challenges that leaseholders face, with the financial services sector on the challenges with mortgage costs that leaseholders face, and with developers to make sure that remediation takes place swiftly and effectively, so that this problem is resolved.

[Stephen Timms (East Ham) (Lab)]

Will the Minister set out much more clearly the criteria for the much-needed grant funding? Residents at Waterside Park in my constituency are worried that their management company wants to apply to the building safety fund, even though the development recently received a B1 rating so remediation is not required. Would such an application be appropriate?

[Christopher Pincher]

I point the right hon. Gentleman to the specific criteria in the building safety fund, which was published earlier this year. As I have said and will say again, we will work with Michael Wade to make sure that there are solutions to what is a very complicated issue. There may be more than one element to the package of solutions to resolve this challenge. I do not want to give a running commentary to the House on the progress of that work, but it is ongoing, and we hope that we can make some further and concrete announcement soon to give succour to the points made by the right hon. Gentleman and reassurance to others in the House.