Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
HBF says £2bn tax must take account of ’hundreds of millions’ spent by developers already on fire safety works
Major housebuilders have called on the government to ensure that housebuilders that have already spent tens of millions repairing homes with unsafe cladding aren’t forced to effectively ‘pay twice’ through the proposed £2bn developer tax.
Trade association the Home Builders Federation said in a statement that the industry accepted it needed to contribute to the huge remediation costs of high rise buildings now considered to be unsafe. However, it said the proposed cladding tax had to take account of the “hundreds of millions of pounds” already spent by the UK’s largest builders on the problem.
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