The Latest Cladding Crisis Deal

Political tensions have reignited over the ongoing cladding crisis, with developers arguing that the cost of cladding remediation could impact their ability to build affordable homes.

Gove’s £2bn Deal and Developer Pushback

Levelling Up Secretary Michael Gove has secured a deal requiring developers to pay £2bn for cladding remediation, a win that has been met with resistance from the Home Builders Federation (HBF).

The Scale of the Cladding Problem

The problem of unsafe cladding is widespread, with the government estimating 8,000 affected buildings, far more than the 3,500 figure pushed by developers.

Affordable Housing Under Threat?

Developers claim the cladding remediation costs will reduce the funds available for affordable housing, a pressing issue as the national waiting list grows.

The Strain on Small and Large Developers

While large developers may absorb the costs of remediation, smaller developers may struggle, raising questions about the industry's sustainability and the impact on affordable housing supply.

The Road Ahead: Policy Changes and Compromise

The ongoing battle between the government and developers could lead to policy changes, and ultimately, a compromise that balances the need for cladding remediation and affordable housing.