Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 13
13
We are concerned by the lack of progress on keeping residents’ building insurance costs reasonable...
Recommendation
We are concerned by the lack of progress on keeping residents’ building insurance costs reasonable during the period when their buildings are being remediated. The Government has been engaging with the insurance industry for months, and all the while leaseholders are seeing their premiums skyrocket—yet another cost they are facing for a problem not of their making—or worse, living in uninsured buildings. The time has come for the Government to consider setting a deadline for the insurance industry to act. If that deadline is not met, the Government should intervene to require industry to resolve the problem of eye-watering building insurance premiums. (Paragraph 40) The wider impacts of the cladding crisis
Government Response
A response document is linked to this report, dated 17 May 2022. Response attribution to this recommendation has not been verified. Read the response document ↗