A significant update has been issued on a series of actions the
Welsh Government is taking to tackle building safety issues.
The update is part of Welsh Government’s cooperation
agreement with Plaid Cymru that promises to
‘significantly reform the current system of building safety’ in
Wales.
Climate Change Minister described it as an ‘ambitious
programme’ that would make residents feel ‘safe and secure in
their homes’.
The Minister gave the update in the Senedd this afternoon and
confirmed that major developers had agreed to sign a legally
binding Pact that commits them to carry out fire safety works on
medium and high-rise buildings across Wales.
Redrow, McCarthy Stone, Lovell, Vistry, Persimmon and Countryside
have all signed the new pact.
Taylor Wimpey, Crest Nicholson and Barrett have confirmed they
intend to sign.
The Welsh Government also committed to step in and carry out
remediation work in an initial cohort of 28 privately owned
buildings where a developer is unknown or has ceased trading –
sometimes referred to as ‘orphan buildings’.
The Welsh Government says this work will minimise fire safety
risks ‘as quickly as possible.
More than £40m has been made available to remediate a further 38
social sector buildings. This is in addition to the 26 social
sector buildings that have been remediated to date and 41 social
sector buildings where work has started.
Details of a new £20m Welsh Building Safety Developer Loan Scheme
was also confirmed today.
The scheme will provide interest-free loans over a period of up
to five years to assist developers with remediation works to
address fire safety issues in buildings of 11 metres or more in
Wales.
It is only available to developers who have committed to
undertake remediation works through signing the legally binding
Welsh Government’s Developers’ Pact.
The aim is to prevent any delays to remediation that could be
caused by financial reasons.
Climate Change Minister said:
Our ambitious programme will ensure residents can feel safe and
secure in their homes.
I have always maintained the position that the industry should
step-up to their responsibilities in matters of fire
safety.
Developers should put right fire safety faults at their own cost
or risk their professional reputation and their ability to
operate in Wales in future.
I am pleased that, today, developers have done the right thing
and committed to remediate fire safety works on medium and
high-rise buildings across Wales.
Our approach in Wales has, and will continue to be, to work in
collaboration with developers and I look forward to seeing work
undertaken at pace.
Designated Member added:
Through our Co-operation Agreement we are committed to
introducing a Second Phase of Welsh Building Safety Fund and
reforming the system of building safety.
I would like to recognise the efforts of those who have
campaigned to highlight these issues.
While recognising that there is still more to be done, I welcome
today’s progress update and I am glad that the £375m of funding
put in place as part of Plaid Cymru’s Co-operation Agreement with
the Government will be used to address fire safety issues,
including the remediation of orphan building from this summer
onwards.
It was also confirmed that the Royal Institution of Chartered
Surveyors has agreed to extend their guidance to valuers in Wales
as well as England.
This extended guidance will provide consistency in the valuation
approach for properties that are part of the Welsh Government’s
Building Safety Programme.
This will help support the removal of barriers and allow
leaseholders to access mortgages and other financial products,
providing consistency and clarity for all stakeholders.
Luay Al-Khatib, RICS Director of Standards and Professional
Development said:
We are pleased to be able to extend our guidance to include
Wales, following the establishment of the Welsh Building Safety
Fund.
This brings much needed confidence to buyers, sellers, and the
market, and ensures a consistent approach.
We look forward to working with the Welsh Government to implement
an orderly and swift update with support of stakeholders, to help
those impacted by the building safety crisis.