Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Autumn Budget and Spending Review 2021, whether the money being raised through the residential property developer tax will be additional to the £5 billion previously announced for the Building Safety Fund.

The Residential Property Developer Tax will raise at least £2 billion over the next decade. This will help to fund the £5 billion package of funding that was announced in February 2021 for the removal of unsafe cladding from the highest risk buildings.