The UK government unveiled a new £3.5 billion fund in the House of Commons on Wednesday to help leaseholders strip potentially dangerous cladding from their buildings.
The plans announced by Secretary of State for Housing, Robert Jenrick, will see a mixture of grants and loans issued to those affected in a bid to remove cladding from buildings around the UK that has been identified as being a fire risk in the wake of the Grenfell Tower fire in 2017.
The plans will see the government offer grants to leaseholders of buildings above six storeys or 18 meters in height. They will also offer low-cost loans to leaseholders and landlords of buildings between four and six storeys, as they have been identified as being at a significantly lower risk. Jenrick announced the new low-cost loans should cost leaseholders no more than “£50 per month.”
“We took action to address the fire safety risks identified following the Grenfell Tower tragedy, and in the autumn we committed to adopting the recommendations of the Grenfell Tower inquiry Phase One report in full,” he said.
The new measures are in addition to the £1.6 billion safety fund that can currently be applied for by leaseholders within England.
The announcement, however, came under fire from Shadow Secretary of State for Housing John Healy, who bemoaned the length of time it has taken for the government to propose its measures.
“I never thought I would be standing here two and a half years later facing a Secretary of State, the third Secretary of State who still cannot say that all the necessary action has been taken and that a fire like Grenfell cannot happen again in Britain,” Healy said.
The Grenfell Tower fire happened on June 14, 2017, killing 72 people and injuring more than 70 others. It was the UK’s worst residential fire since the World War II, and the rapid spread of the fire, which saw it engulf the 24-storey building, was largely blamed on cladding used on the exterior of the building.