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What is the Building Safety Fund?

The new £1bn Remediation Fund has been established to fund the remediation of unsafe non-ACM cladding systems (including, for example, certain types of other metal composite or High Pressure Laminate panels) on buildings that are 18 metres and over in high rise residential buildings.

The fund is aimed at making sure tenants, leaseholders and residents living in buildings covered by the fund are safe and feel safe by remediating unsafe non-ACM cladding systems

The fund will meet the cost of remediating non-ACM cladding systems where building owners (or other entities legally responsible for making buildings safe) are unable to do so. The fund will address some of the barriers to remediation being carried out quickly.

LEASE is governed by a board, appointed as individuals by the Secretary of State for the Department for Levelling Up, Housing & Communities.