Jenrick says 'no excuses' for building owners despite cladding fund shortfall – Mortgage Solutions

Housing secretary Robert Jenrick has said he will not accept any excuses from building owners who are yet to begin works to remove unsafe aluminium composite material (ACM) from high-rise buildings as he announced the launch of a £1bn fund to finance works.

Jenrick made the statement despite estimates that the fund will cover only around one third of the necessary private rented sector work required to make buildings safe.

The money is only available to properties 18 metres and over in the private and social sector and is predominantly targeted to support private leaseholders with significant bills, the government said. 

For leaseholders living in buildings owned by providers in the social sector, the government will provide funding to meet the provider’s costs which would otherwise have been supported by leaseholders.  

It is expected that these costs must be covered without landlords

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