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Eviction ban extended for renters and companies
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Eviction ban extended for renters and companies
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Eviction ban extended for renters and companies
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Currently, homeowners in properties with flammable cladding are having to pay out of their own pocket to get non-compliant cladding removed and replaced following the Grenfell Tower Tragedy in 2017.
The exact total of financial support has not been confirmed, however
The Guardian suggests that measures under consideration include a £5bn grant for leaseholders and a £2bn levy on developers.
Jonathan Frankel, head of the property litigation department at Cavendish Legal Group, says leaseholders need to get legal advice from experts in the area if they fear they still may be forced to pay for repairs.
He said: “The cost of replacing cladding is going to run into the billions so it will be interesting to see how far the government is willing to go in terms of extra funding.
Robert Jenrick’s narrow cladding plans are “a betrayal” of Tory MPs and leaseholders alike The Housing Secretary has failed to protect all leaseholders from the punitive costs of living in dangerous homes. Millions of leaseholders’ hopes for cladding funding have been dashed by the Housing Secretary, Robert Jenrick. In a much-anticipated announcement this afternoon, Jenrick announced a new £3.5bn fund to fix dangerous cladding on high-rise buildings in England. While this may sound substantial, it is far from the £15bn recommended by a committee of MPs last June to fix all fire safety defects on “high-rise and high-risk” buildings.