Major U-turn as more flat owners to be freed from crippling cladding bills

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Major U-turn as more flat owners to be freed from crippling cladding bills
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In what will come as a massive relief to millions, Housing Secretary Michael Gove seems set on pressuring developers to cover the necessary expenses, estimated to cost up to £4billion.

because the cladding crisis has left him unable to sell.

Currently, only leaseholders in buildings taller than 18 metres can access grants to replace unsafe cladding under measures introduced in England after the Grenfell Tower fire killed 72 people in 2017. But a letter from Chief Secretary to the Treasury Simon Clarke to Gove from Wednesday said loans for smaller buildings would be replaced by a ‘limited grant scheme’.Currently, only leaseholders in buildings taller than 18 metres can access grants to replace unsafe cladding More:It read: ‘You may use a high-level “threat” of tax or legal solutions in discussions with developers as a means to obtaining voluntary contributions from them.

‘I am pleased to see that you acknowledge the principle that the taxpayer should not be on the hook for further costs of remediation. To reiterate, my approval of this new package for 11-18m buildings is therefore conditional on no further Exchequer funding.’ A spokesman for the End Our Cladding Scandal campaign said the ‘devil is in the detail’, with the letter saying the measures do not ‘extend to non-cladding’ costs..‘It’s not definite still if we are getting to the destination we want to get to but we are cautiously optimistic.’A Ministry of Housing, Communities and Local Government spokesman did not dispute the contents of the leaked letter, but added: ‘We will not comment on speculation.

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