Government to protect leaseholders & make industries pay for cladding

Written by: Keoghs Solicitors

Date: 14th January 2022

The government has changed its approach to building safety with a new plan to protect leaseholders and make wealthy developers and companies pay to fix the cladding crisis.

  • Levelling Up Secretary resets government action on building safety in England
  • Leaseholders living in their own flats will not face any costs to fix dangerous cladding, with developers and cladding companies paying instead
  • The industry has given two months to agree to a plan of action to fund remediation costs, currently estimated at £4 billion
  • New measures to hold firms to account and restore common sense to the market

Michael Gove has guaranteed that no leaseholder living in their own flat will have to pay a penny to fix unsafe cladding.

 

 

At Keoghs, Nicholls, Lindsell and Harris LLP we have a specialist team who deal with residential purchases and sales.

Contact us on 0161 928 9321/0161 456 8125