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Keep up to dateBy Joey Gardiner2022-02-21T10:45:00
Source: Shutterstock
Housebuilders are locked in negotiations with Michael Gove over paying another £4bn to repair housing blocks affected by the fire safety crisis
Last Monday Michael Gove issued a series of amendments to the Building Safety Bill which dramatically upped the stakes in the negotiations between the development industry and the housing department over the question of who will pay for historic fire safety issues.
The complex amendments, which will be debated in the House of Lords this week, aim to put in to law both Gove’s promise that leaseholders will not have to pay for repairs, estimated to cost anything up to £15bn in total, as well as mechanisms to wring the money out of housebuilders instead.
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