Our utmost priority continues to be supporting members to deal with the issues arising from the tragedy at Grenfell, whether that is ensuring the safety of tenants in tower blocks or looking at the longer-term implications for the sector.
3 August 2017
On the immediate issue, we've updated our Q&A to reflect the latest information emerging from the Government's testing and are providing more tailored support including media advice to affected members. The Government is contacting organisations directly with the results of its testing but please do let us know about any concerns you have or questions you would like us to put to officials.
We are asking members with tower blocks with ACM cladding to provide us with information about the costs of repairs. Thank you to everyone who has already returned this survey. We would be grateful if other organisations could complete this as it will provide vital information in our discussions with the Government.
We are continuing to call on the Government to provide clarity around safety issues and funding mechanisms for remedial work. We have written to the Secretary of State Sajid Javid to ask the Government to establish a fund to cover the costs of replacement and removal of cladding and have suggested that these works are VAT-exempt.
We have also written to Sir Martin Moore-Bick, the leader of the Grenfell Tower Public Inquiry, to offer the sector’s full support and propose that the inquiry reviews the mechanisms of providing assurance for building procurement and advises on the appropriate procedures for ensuring safety.
We hosted our first post-Grenfell expert panel meeting last week to help us support members in a range of specialist work areas and to assist with the scope and shape of immediate and longer-term policy and best practice guidance.
Panel members represent a wide range of sector experts, from lawyers and funders to insurers, surveyors, fire engineers and cladding specialists. The panel will aim to meet at regular intervals and has committed to work with us in an open but measured way. The next meeting is planned for 6 September.
The discussion covered finance and investment, Government approach and clarity, safety considerations, and sector attitudes to tower blocks following the fire. We are working to map Government timescales and coordinate our work plans to ensure members have the access to the appropriate levels of expertise. We are continuing to meet with lenders and will update members soon.