Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, if he will make an assessment of the potential implications for his policies of the Association of British Insurers plan to reduce insurance costs for leaseholders and residents in high rise buildings.

The Government is very aware that leaseholders in some affected buildings have been burdened with paying extremely high premiums for too long. The industry-led Fire Safety Reinsurance Facility will be launched on 1st April. We have repeatedly called for this to be launched and it has taken too long to do so, but now it is due to launch the Government will monitor the implementation and impact of the Facility and will remain engaged with industry regarding whether any further steps may be required.