Christopher Pincher, the housing minister, confirmed yesterday that ministers were considering a package potentially worth billions of pounds to help leaseholders affected by fire safety issues. Whilst funding in the sum of £1.6 billion has already been pledged, it is suspected that it could cost upwards of £15 billion to remediate all high-rise buildings.
A growing number of Conservative and Labour MPs are calling on the government to step in and ensure that leaseholders are not left to foot the bill for remedial works and interim measures, such as waking watches. An amendment to the relevant legislation that would exempt leaseholders from meeting dangerous cladding removal costs currently has the support of 36 Conservative backbenchers and needs only eight more to overturn the government's working majority.
"Three and half years after the Grenfell tragedy, we still have leaseholders living in unsaleable, un-mortgageable, uninsurable, unsafe properties, and that is a disgrace that we have to put right." Bob Blackman, MP for Harrow East and vice-chairperson of the 1922 Committee.