To ask the Secretary of State for Housing, Communities and Local Government, if he will provide support to leaseholders in flats that require cladding safety works.
To ask the Secretary of State for Housing, Communities and Local Government, if he will provide a Government loan facility for leaseholders needing to fund cladding safety works.
The Government is providing £1.6 billion to speed up the removal of unsafe cladding and make homes safer, quicker. We have also appointed construction experts who are reviewing remediation timescales and identifying what can be done to increase pace. Where building owners have failed to act, despite government support, the Government has supported enforcement action.
However,?we recognise that there are wider remediation costs which will need to be met to ensure the safety of existing blocks of flats. We have asked MHCLG advisor Michael Wade to accelerate work on identifying options for financing solutions that remove barriers to fixing historic defects and protect leaseholders from unaffordable costs; but we must also ensure that the bill does not fall on taxpayers.
The new building safety regime will prevent similar safety defects occurring in new builds in the future. It will also systematically address historic defects by requiring safety case reviews and reasonable improvements.