Context
The Building Safety Act aims to protect leaseholders from the costs of unsafe cladding. However, concerns remain about the financial burden on leaseholders when developers are at fault.
Question
What steps is the government taking to ensure that leaseholders do not have to pay for remediation work in buildings where the developer is at fault?
Answer from Michael Gove
The Building Safety Act 2022 protects leaseholders from costs related to historical building safety defects. Qualifying leaseholders and buildings over 11 metres in height are fully protected from unsafe cladding remediation costs. Leaseholder contributions will be a last resort and firmly capped, particularly where freeholders are linked to the original developer.
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