To ask the Secretary of State for Levelling Up, Housing and Communities, what steps he is taking to help leaseholders in properties which are of no value due to remediation costs on service charges.
Asked by
Stephen McPartlandDate asked
7 May 2024
To
Department for Levelling Up, Housing and Communities
Qualifying leaseholders in relevant buildings are protected in law from all costs associated with the remediation of unsafe cladding. For non-cladding building safety defects there are protections for leaseholders in relevant buildings with a qualifying lease.
This means that for the majority of qualifying leaseholders, their maximum cap for non-cladding remediation and interim measures is £15,000 in Greater London (or £10,000 elsewhere in England). In addition, all leaseholders in relevant buildings benefit from qualifying lease status for their principal residence.
Answered on 15 May 2024