Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 10 November 2020 to Question 110299 on High Rise Flats: Insulation, what plans he has in place to ensure that the funding solution that Michael Wade is drawing up will work when leaseholders are financially unable to pay for remediation costs.
The department is undertaking analysis on the affordability of costs for leaseholders and an update to the analysis will be included in the revised Impact Assessment to the Building Safety Bill.
My department will provide an update before the Building Safety Bill returns to Parliament.