1/4 #EndOurCladdingScandal@Barrattplc reports this morning that it will pay a £76.3 million dividend for the half year (bit.ly/2R1Hls2). That is nearly half the £200 million a year the government proposed to raise from its new Developer Levy. Half. From one developer.
2/4 The trading statement also reports a £163 million total hit to the bottom line from cladding & legacy issues. Around £100 million of that appears to relate purely to defective concrete frames in buildings like Citiscape.
3/4 The government can and should go much further with the paltry Developer Levy. It should also reform the law to make it easier to hold developers to account. None of the people involved in the current mess will learn anything unless there are consequences for actions.
1/5 A win for leaseholders in the Court of Appeal. The Court held that the landlord paying for a leaseholder expert to consider whether major works can be done more cheaply is a permissible condition of granting dispensation from consultation.
2/5 Where works cost more than £250 per leaseholder or involve certain types of contracts the landlord is obliged to consult leaseholders. However this process can be bypassed by landlord application to the First-Tier Tribunal.
3/5 It has become custom since a 2013 Supreme Court decision that dispensation from consultation is granted on the condition that the landlord pays its own application costs. Here the leaseholders persuaded the Tribunal to add the extra condition of also paying for their expert.
2/15 First and foremost, this is a failure of government. It has had nearly 4 years to identify and remedy buildings at risk.
It has failed to do so, instead preferring to push the problem onto anyone except itself and then standing idly by whilst others did the same.
3/15 Freeholders do not do the right thing. The freehold to this building is still owned by the developer, Ballymore.
Ballymore has not offered any meaningful contribution to the vast costs of removing cladding, instead dumping the costs on the taxpayer and its leaseholders
3/5 If @LordRoyKennedy motion does go to a vote and is passed, it forces the gov't to choose between losing the bill or compromising to protect leaseholders.
This underlines how deeply the Lords feels on this issue. It is extremely rare for their to be double insistence.
@nbdbuk#FireSafetyBill: Commons is just concluding the item before the bill on the agenda. MPs are asking questions regarding the UK's aid for India to help it cope with its coronavirus outbreak.
@nbdbuk#FireSafetyBill once this item is over the House of Commons will start to consider the bill. Debate will last no more than 1 hour.
Commons is just starting on the item before (a measure to reduce tool theft).
There's a short break after this item and then we will be on to the Fire Safety Bill, around 2.30 p.m.
@nbdbuk In terms of what to expect today on #FireSafetyBill government will try to knock out the @BishopStAlbans amendment added in the Lords last week.
It may offer a concession to avoid another rebellion. Last time 33 Conservatives rebelled against their party.
@nbdbuk@BishopStAlbans The bill will then go back to the House of Lords around 4.40 this afternoon. The Lords will have 3 choices. It can either give-up, add a completely new amendment, or try a revised version of @BishopStAlbans amendment.