Leaseholders: Fire Safety Costs

Part of Housing, Communities and Local Government – in the House of Commons at on 11 January 2021.

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Photo of Christopher Pincher Christopher Pincher Minister of State (Housing, Communities and Local Government)

We expect—and we are right to expect—developers, investors and building owners who have the means to pay to cover remediation costs themselves without passing on costs to leaseholders. In cases where this may not be possible and where there may be wider costs related to historical defects, we are keenly aware that leaseholders can face unforeseen costs. That is why we have introduced funding schemes, providing £1.6 billion to accelerate the pace of work and meet the costs of remediating high-risk and the most expensive defects. We are accelerating the work on a long-term solution, and are working to announce the findings of that as soon as possible.