Homeowners: Cladding-related Costs

Lord Paddick Excerpts

Thursday 24th June 2021 Lords Chamber

[Lord Greenhalgh (Con)]

Of course it is right that the polluter pays. That is why we have announced not only a building safety levy on future high-rise developments as part of the building safety Bill, but a tax on developers that is aiming to raise some £2 billion over 10 years.

[Lord Paddick (LD) [V]]

My Lords, because of high demand on relatively few surveyors, the hazardous cladding on my home in London was only recently identified as needing to be replaced. We have been told that applications to the Government remediation fund closed in July last year. Leaseholders now face bills of up to £15,000 for something not of their making. How can the Government justify such a position?

[Lord Greenhalgh (Con)]

Although the registration closed for the initial tranche of £1 billion, we have announced a further £3.5 billion. There is a process of registration for further amounts of money available. If the noble Lord’s building qualifies, he would be eligible for government funding and would be able to register. Further details will be announced in due course.