Sir Peter Bottomley has repeated this afternoon his Queen’s Speech proposal that the prime minister order “a summit on fire safety with affected groups to find a workable solution to the building safety crisis”.
“Residential leaseholders are being asked to pay the extra £10 billion. Government has so far allocated a little over £5 billion as a contribution to fire safety remediation costs.
“Residential leaseholders were not those responsible for the building safety defects, nor do they own the buildings. It is unsatisfactory that innocent leaseholders must carry the multiple financial major costs for remediation and significant reduction in the value and saleability of their homes.
“Ministers sometimes talk the about the tax and levy proposals to bring money in, yet will not contribute extra help to the leaseholders’ dilemma.
“With no legal standing to sue those responsible for the safety defects, leaseholders are facing still more years of fear, uncertainty, unquantifiable costs, bankruptcy, homelessness, strained family relationships. You and your advisers can add to the list.
“We need to discuss how much money, source of the money needed to overcome the defects and the stagnating residential leasehold market.
“We must find a way to release leaseholders from the shackles of their unsafe, defective homes. I should be grateful for your endorsement of a summit to tackle this generational failure in fire safety and regulation.”