Government set to provide financial support for cladding rem

Government set to provide financial support for cladding removal


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.

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