I am speaking in utter frustration, having heard many of the comments so far in the debate today, I am speaking in support of the amendments tabled by the Opposition and by the hon. Members for Stevenage (Stephen McPartland) and for Southampton, Itchen (Royston Smith), and I am speaking on behalf of the hundreds of thousands of leaseholders, including in Putney, Roehampton and Southfields, who are staring down the barrel of this scandal. And I thank the cladding action campaigners across the country.
I welcome the Bill, but it is too small and too slow. There is frustration across the House of Commons today. We can do this right and do it faster, and we must. Today, we had another statement of support for leaseholders from the Minister, who said that he agrees with the intent to give leaseholders peace of mind and financial certainty, yet the Government did not write that into the Bill and are not supporting the amendments. No leaseholders of buildings of any height should be made to foot a bill of thousands of pounds that they cannot afford.
At the sharp end of the failings of this Bill are millions of leaseholders trapped in unsafe homes who are suffering enormous stress, anxiety and emotional anguish, and who feel totally abandoned. I have met many of them in my constituency. Their lives are on pause and might be for years. This is what some have told me. One said:
“As every day, week or month goes by, our financial liability and stability become ever more disturbing and deeply troubling. When will it end?
Another resident, who bought her flat using money inherited from her mother’s passing, said to me:
“Despite my emotional attachment to my flat, current circumstances make me almost wish that I had never bought it. It is a burden and a hindrance to me moving forward with the next stage of my life, at a prime time when I want to start a family.”
Another resident, a victim of domestic violence, has been trying to sell her property to raise money for legal fees. She has had to receive food parcels due to lost income during the pandemic. Her insurance premiums have now increased by 500%. Under no circumstances should leaseholders, regardless of the height of their building, have to pay for cladding remediation costs that are the fault of developers and a failed regulatory system. Funding should be based on fire risk, not on height. It should include upfront costs—it should not be loans—for all leaseholders and it should include other fire safety issues. Some Putney leaseholders face up to £100,000 in charges.
At the current pace of spend, the building safety fund, which has only approved 12 applications, will only approve all the applications—the 532 applications—by 2031. The pace of change is far too slow, so I urge colleagues on both sides of the House: please do the right thing today, back the British people and make sure that lease- holders do not pay.