Posted 10.01.22
GOV.UK: Further reading
The government has reset its approach to building safety with a bold new plan to protect leaseholders and make wealthy developers and companies pay to fix the cladding crisis.
Secretary of State for Levelling Up Michael Gove has guaranteed that no leaseholder living in their own flat will have to pay a penny to fix unsafe cladding.
In a letter to the residential property developer industry, Michael Gove asks companies to agree to:
The old proposed loan scheme for leaseholders in medium-rise flats will be scrapped, with industry given two months to agree to a financial contributions scheme to fund the new plan. Otherwise, if necessary, the government will impose a solution in law.
In addition, a new dedicated team is being established to pursue and expose companies at fault and to force them to shoulder the burden of making buildings safe.
Mr Gove also confirmed the opening up of the next phase of the Building Safety Fund - to drive forward taking dangerous cladding off high-rise buildings, prioritising the government's £5.1 billion funding on the highest risk.
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