Fire Safety Bill Debate

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Department: Home Office
Lords amendment 4 seeks to protect leaseholders and tenants from paying for the remediation of unsafe cladding from their buildings. I recognise that a number of alternative amendments have been tabled. I expect we will hear a number of views on this issue today, and I intend to respond to them at the end of the debate, given that many of those interventions will be virtual. First, I should state that we agree with the intent to give leaseholders peace of mind and financial certainty. That is why the Government have recently announced that we will be providing an additional £3.5 billion to fund the removal and replacement of unsafe cladding, targeted at the highest-risk buildings. That brings the total investment in building safety to an unprecedented £5 billion.
Gary Sambrook Portrait Gary Sambrook (Birmingham, Northfield) (Con)
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I am glad that the Minister has confirmed that extra £3.5 billion, bringing the total to £5 billion. Will he confirm that this will fully cost the removal of the cladding, and that those leaseholders who live in high-rise buildings will not have to foot the bill?

Kit Malthouse Portrait Kit Malthouse
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That is the case. I know that my MHCLG ministerial colleagues have been in this place and debated this extensively and, having made the case to the Treasury, it was gratifying to see this money come forward. It will assist those who are living in fear in high-rise buildings in particular, but also those in mid-rise buildings, who, as I am sure my hon. Friend knows, will benefit from a financing scheme.