Buildings: Insulation

(asked on 4th October 2021) - View Source

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

To ask Her Majesty's Government what assessment they have made of the share of contributions between (1) landlord, and (2) tenant, owners in a shared leasehold ownership scheme to the costs arising from cladding removal and fire safety improvements.


Answered by
Lord Greenhalgh Portrait
Lord Greenhalgh
This question was answered on 18th October 2021

The extent to which leaseholders are liable for works or not is governed by the terms in their leases. Government is providing over £5 billion in grant funding for the remediation of unsafe cladding on residential buildings 18 metres and over. This means that leaseholders (including those in shared ownership) in eligible high-rise buildings can be reassured that unsafe cladding will be replaced at no cost to them. Government is also establishing a generous finance scheme which will provide leaseholders in residential buildings of 11-18 metres with access to finance for cladding remediation costs. We will publish more details on how this scheme will work as soon as we are in a position to do so. Finally, we have also introduced a new model for Shared Ownership which will include a 10-year period during which the landlord will support with the cost of repairs in new build homes. The changes will prevent new shared owners from being hit with unexpected repairs and maintenance bills and will help to bridge the gap between renting and homeownership.

Reticulating Splines