Leaseholders: Protection from Unfair Practices

Part of Housing, communities and local government – in the House of Commons on 19th July 2021.

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Photo of Eddie Hughes Eddie Hughes Parliamentary Under-Secretary (Housing, Communities and Local Government)

It is a pleasure to shoot the breeze with my hon. Friend. It is fundamental that industry contributes for having compromised public safety, which is why the Building Safety Bill introduces a new levy on high-rise residential buildings. Clause 124 of the Bill also provides legal requirements for building owners to explore alternative ways to meet remediation costs and provide evidence. If that does not happen, leaseholders will be able to challenge costs in court. In addition, we have announced more than £5 billion towards remediation work on buildings of 18 metres and above and a generous finance scheme for remediation work on buildings of 11 to 18 metres.