Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, what estimate his Department has made of the cumulative cost for leaseholders of the new building safety regime since the Building Safety Act received Royal Assent.
The department published an impact assessment in July 2021 that accompanied the introduction of the Building Safety Bill to Parliament. This estimated the ongoing costs of the new building safety regime (excluding the costs of Part 5, protections for leaseholders), which could then be passed on to leaseholders.
We intend to publish a revised estimate of the cost to leaseholders in the Impact Assessment that will accompany proposed secondary legislation relating to Part 4 of the Building Safety Act.