PARLIAMENTARY WRITTEN QUESTION
High Rise Flats: Insulation (22 July 2020)
Question Asked
Asked by:
Apsana Begum (Independent)
Answer
The Government has made £600 million of funding available for the removal of unsafe aluminium composite material (ACM) cladding on high-rise residential buildings, protecting leaseholders from remediation costs, and is also providing additional project management support for remediation. This funding should mean that banks and mortgage lenders have certainty that remediation costs for these buildings will be paid for. The Independent Expert Advisory Panel has provided clear advice to building owners who should take steps to remove unsafe ACM cladding regardless of height. Building owners should be as transparent as possible to enable mortgage lenders and potential buyers to make an informed decision.
Answered by:
Christopher Pincher (Independent)
7 September 2020
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