Brendan Clarke-Smith Portrait Brendan Clarke-Smith (Bassetlaw) (Con) [V]
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First, I believe that the Bill is the right measure to deal with the cladding issue, and I fully appreciate the reasons why the Fire Safety Act 2021 was not necessarily the right vehicle. There is plenty to celebrate in the Bill, and we must recognise that. I particularly welcome the announcement in the House from the Secretary of State on the use of EWS1 forms not being required for buildings below 18 metres. I know that people would like clarification on cases in which EWS1 forms already exist and whether they will be voided, so we would like to hear more about that. The clarification that there is no systemic risk for buildings under 18 metres and that the market is now expected to act is normal, leading to a market correction, is welcome.

Extreme risk aversion has caused some of the problems, as Dame Judith Hackitt referred to, and we can now begin to address it. It is encouraging to hear from the Secretary of State that lenders welcome the clarification, and making sure that we take with us other players in the market, including insurers, is the next logical step. As the hon. Member for Sheffield South East (Mr Betts), the Chair of the Housing, Communities and Local Government Committee, mentioned, we thank the Secretary of State and his Department for responding to the points that the Select Committee made and acting on the vast majority of the recommendations, taking our comments into account. One principle that we have always held is that leaseholders should not pay.

The building safety fund is welcome, and £5.1 billion will go a long way in tackling many of the problems. The £30 million waking watch fund is a great help, although I think there are still problems that some people would regard as unresolved. It is important to recognise that the Bill is about far more than cladding. We have already announced new, robust legal requirements for builders and the materials that they use, which is very much needed and follows the recommendations from the Grenfell inquiry. Giving homeowners the right retrospectively to seek compensation for shoddy construction for up to 15 years will benefit a great number of people, as will doubling the period in which residents can bring legal claims against developers for substandard workmanship.

No one should be left living in an unliveable home. While the Building Safety Bill cannot solve every problem on its own—I am sure that there will be many further discussions—I support it, and it is a fundamental step in the right direction.