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Proceeding contribution from Lord Greenhalgh (Conservative) in the House of Lords on Monday, 22 February 2021. It occurred during Ministerial statement on Building Safety.


Building Safety

My Lords, we will continue to push very hard to ensure that developers make their contribution. As I pointed out, historically we have seen developers and building owners step forward and pay for the remediation and removal of unsafe cladding that is on their buildings, and we will continue to push developers to do the right thing. However, the levy and the new tax are set to raise significant sums of money. The tax itself is estimated to raise £2 billion over 10 years.


Secondary information

Type
Proceeding contribution
Reference
810 c630 
Session
2019-21
Chamber / Committee
House of Lords chamber
Subjects
Finance Fees and charges Leasehold Fire prevention Government assistance Mortgages Loans Property development Safety Valuation Taxation Repairs and maintenance High rise flats Composite materials
Link
View this Proceeding contribution on hansard.parliament.uk