Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 8
8
Paragraph: 28
It is disappointing that the Government’s proposed loan scheme, whereby leaseholders contribute up to £50...
Conclusion
It is disappointing that the Government’s proposed loan scheme, whereby leaseholders contribute up to £50 a month to pay for cladding remediation works on buildings between 11m and 18m high, does not satisfy the previously agreed principle that leaseholders should not pay. Leaseholders of buildings below 18m are no more responsible for fire safety defects, and no more able to pay, than leaseholders of buildings above 18m. The Government appears to be prioritising certainty for lenders above fairness for leaseholders. We are particularly worried by how little detail about the loan scheme has been established.
Paragraph Reference:
28
Government Response
A response document is linked to this report, dated 17 May 2022. Response attribution to this conclusion has not been verified. Read the response document ↗