Thursday, April 14, 2022

Removing unsafe cladding and fixing other building safety issues

The government has announced a £5 billion agreement with developers which will see industry contribute to fixing unsafe buildings they were involved in building. 

  • Fixing buildings, including unsafe cladding, should not be a financial burden that falls on innocent leaseholders.
  • That is why the government has secured an agreement that will see industry contribute £5 billion to address building safety – with developers committing a minimum of £2 billion to fix their own buildings and up to a further £3 billion through the expanded Building Safety Levy.
  • This marks a significant step toward protecting innocent leaseholders and ensuring those responsible for installing unsafe cladding pay to solve the crisis they helped to cause.

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