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1) Jenrick to announce plans to help victims of building safety scandal tomorrow. Understand plan will mean no leaseholders in buildings above 18m will have to pay for the removal of flammable cladding. Freeholders will be banned from passing on costs BUT...
2) Unclear what help will be given to leaseholders in blocks below 18m - the vast majority of those affected.
3) Nor is it known whether help will extend beyond unsafe cladding. Leaseholders could still have to pay tens of thousands of pounds to fix range of other fire safety defects.
4) Additional Government funding could top £5bn, alongside a possible levy on developers.
5) @SMcPartland says: 'It's clear they [Gov] don’t have a grip on the situation and their incompetence is creating this problem.
‘Millions of leaseholders are facing financial ruin and we won't accept loans to leaseholders. They're not a solution, they're a disgraceful betrayal.’
‘Millions of leaseholders are facing financial ruin and we won't accept loans to leaseholders. They're not a solution, they're a disgraceful betrayal.’
6) Tomorrow is a huge day for millions of leaseholders stuck in fire traps facing bills of up to £115,000 to fix their homes.
7) Ministers keep saying that this is a complex issue that doesn’t have a simple fix. But the morality is straightforward.
8) Jenrick could guarantee that no leaseholder will have to pay to repair historic building safety defects that are no fault of their own - and that this will have legal force.
9) It would draw a line under the ‘who pays?’ issue - at least for the unquestionably innocent party.
Or he could come out with another halfway house announcement that still leaves millions facing crippling bills and potential bankruptcy.
Or he could come out with another halfway house announcement that still leaves millions facing crippling bills and potential bankruptcy.
10) If freeholders ARE banned from passing such costs onto leaseholders, it wouldn’t make sense to apply that only to buildings of a certain height. But so far NO support has been provided for those in buildings under 18m, which doesn’t make sense either.
