The latest news in this ongoing and controversial problem is yesterday’s Government announcement of a £3.5bn fund towards the repair/removal of dangerous cladding on high-rise buildings in England.
For shorter buildings (between 11m and 18m) there was less good news – no fund but long term low interest loans.
The announcement has been criticised in many quarters, even in the Conservative Party itself, who point to the lack of money for non-cladding related costs (e.g. the waking watch) and the “unworkable” proposed loan scheme.
With many blocks still unsafe, and with thousands unable to sell or remortgage their flats, this is a problem that is not going to go away for a long time yet and will of course lead to various different types of litigation.
Field Court Chambers will be presenting a webinar on these issues in the near future, so please watch this space for details.
Meanwhile, if you would like any advice on these or related matters, our property and housing barristers can help, please contact our clerks for details.