Housing: Insulation

(asked on 15th April 2021) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, what steps his Department plans to take to ensure that loans taken out by leaseholders living in blocks affected by cladding-related issues are capped at £50 per month for repayments.


Answered by
Christopher Pincher Portrait
Christopher Pincher
This question was answered on 20th April 2021

The Government is providing grants for the removal of unsafe cladding systems from residential buildings over 18 metres. In lower rise buildings of 11-18 metres, with a lower risk to safety, leaseholders will gain new protection from the costs of cladding removal through a financing scheme that will limit repayments so that leaseholders will never pay more than £50 a month. We are developing the details to ensure it protects leaseholders, prioritising affordability and accelerating remediation where required. Further details of the financing scheme will be available as soon as possible.

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