Urgent Call for Cladding Remediation as Costs and Delays Mount
The National Audit Office warns that fixing dangerous cladding on high-rise buildings could extend to 2037, with costs potentially exceeding £16 billion.
- The National Audit Office (NAO) highlights that up to 12,000 buildings in England still require dangerous cladding removal, with only half of identified buildings having started or completed remediation.
- The estimated cost for remediation ranges from £12.6 billion to £22.4 billion, with taxpayers' contributions capped at £5.1 billion.
- The Building Safety Levy, designed to recoup funds from developers, is delayed until 2025, raising concerns about funding gaps and potential taxpayer burden.
- Residents face significant financial and emotional distress, including increased insurance premiums and the inability to sell their homes due to ongoing safety risks.
- The government has committed £1 billion for cladding removal next year, but the pace of remediation remains a critical concern, with a target completion date potentially extending to 2037.