Letter from the Secretary of State for Levelling Up, Housing and Communities Michael Gove to the residential property developer industry on a new approach to building safety.
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… asks companies to…make financial contributions to a dedicated fund to cover the full outstanding cost…
GOV.UK writes:
Documents
Letter from the DLUHC Secretary of State to the residential property developer industry on a new approach to building safety
Details
In the letter, the Secretary of State asks companies to agree to:
- make financial contributions to a dedicated fund to cover the full outstanding cost to remediate unsafe cladding on 11-18 metre buildings, currently estimated to be £4 billion
- fund and undertake all necessary remediation of buildings over 11 metres that they have played a role in developing
- provide comprehensive information on all buildings over 11 metres which have historic safety defects and which they have played a part in constructing in the last 30 years
