The government's long-awaited review of its cladding safety scheme has led to a significant U-turn, with funding now extended to buildings under 11 metres in height. The decision marks a shift away from prioritising building height as the primary factor in determining which properties require remediation work.
Under the revamped plan, financial assistance will be provided through the existing cladding safety scheme, with a focus on addressing the most high-risk buildings first. Building Safety Minister Samantha Dixon stated that residents should not have to live in fear due to hazardous cladding, regardless of their building's height. The move aims to streamline processes and clarify responsibilities to ensure quicker resolution for affected leaseholders.
Leaseholders, who have been left uncertain about their properties' safety for years, will be relieved by the new approach. Economic Secretary to the Treasury Rachel Blake acknowledged the prolonged distress caused by building safety issues beyond residents' control, adding that a review by the Financial Conduct Authority (FCA) will scrutinise insurers' pricing practices and ensure leaseholders receive fair insurance premiums.
The decision has been welcomed by industry bodies, with Nathan Emerson of Propertymark praising the renewed commitment to removing hazardous cladding. Kate Henderson from the National Housing Federation also endorsed the government's risk-based approach, which she believes will direct resources where they are most needed.
The initiative includes plans for a new single construction regulator, designed to consolidate various building regulation elements and simplify navigation for all stakeholders. This move could potentially accelerate the remediation process across the UK by clarifying responsibilities and streamlining bureaucracy.