Property News · February 10, 2021

UK ministers to announce billions in extra support for cladding removal


Measures under consideration include a £5bn grant for leaseholders and £2bn levy on developersMinisters are poised to announce billions of pounds in extra support to address the cladding crisis that has left homeowners bankrupt and distraught, though key questions remain over how much leaseholders will be expected to contribute.Robert Jenrick, the communities secretary, will announce the new measures in parliament on Wednesday after reaching a deal with the Treasury, the Guardian understands. Continue reading…

Source : theguardian.com
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