Budget 2020 – a new building safety fund

The government announced a new £1bn building safety fund in the Spring Budget on 11 March, to fund the removal and replacement of unsafe non-ACM cladding on buildings 18m and over in both the private and social sectors.

The government’s consolidated advice note, published on 20 January, identifies types of cladding systems that may be considered unsafe on buildings 18m and over, including high-pressure laminate (HPL) and wood. 

The funding is in addition to the £600m the government has already made available for the remediation of category 3 aluminium composite material (ACM) cladding.

The new £1bn fund will be available for buildings in both the private and social sectors. In the private sector, grants will be made available to leaseholders of flats.

The government also recognises that many building owners in the social sector are already prioritising remediation work of this type, and it has made clear that they must honour their commitments. The government states that this would enable them to prioritise the funding for those who cannot afford the cost, thus removing barriers to remediation and safety.

Having made this new funding available, the government has made clear that building owners will have ‘no excuse’ for not ensuring their residents are safe in their homes. It has also confirmed that the total investment of £1.6bn to support the remediation of ACM and non-ACM cladding will be the limit of the government’s funding for remediation.

We are working with the Ministry of Housing, Communities and Local Government to understand how our members can access the fund, and any limitations it may present for the sector.

In light of the current coronavirus crisis, we're also working with our members to understand the impact for them and their residents, and to raise and address any challenges relating to building safety. 

If you have any questions about the fund, or our work on building safety, please contact Victoria Moffett.

Who to speak to

Victoria Moffett, Head of Building and Fire Safety Programmes