The Housing, Communities and Local Government Committee have published a report calling for the Government to scrap the proposed ‘long term loan scheme’ and establish a comprehensive Building Safety Fund.
The Committee also calls for funds to be made available for Leaseholders in the highest risk flats; as opposed to the current ’18m rule’. Risk would be based on a holistic assessment of risk, rather than just the height of a building.
The Committee was critical of the Government’s data collection progress, which has been deemed as insufficient to understand the scale of the problem. In turn, this means that timescales, costs and professional resources cannot be adequately anticipated.
Read the full report below: