Question to the Ministry of Housing, Communities and Local Government:
To ask Her Majesty's Government what steps they are taking to protect leaseholders from the costs of dangerous cladding.
We have been clear that building owners and industry should make buildings safe without passing on costs to leaseholders – where they haven’t stepped up, we have stepped in. The Government has announced a globally unprecedented investment of over £5 billion in building safety and hundreds of thousands of leaseholders will be protected from the cost of remediating unsafe cladding from their homes. Lower-rise buildings between 11 and 18 metres will gain new protection from the costs of remediating dangerous cladding through a Government backed financing scheme. The Government is conscious of the need to make any financing scheme affordable for leaseholders. That is why we have said that the financing scheme will have a £50 a month cap. Now that the financing solution has been announced, we will publish more details on how it will work as soon as we are in a position to do so.