Persimmon CEO says he expects new fire safety levy

dean-finch persimmon

Dean Finch says new charge most likely outcome of negotiations with government over cladding costs

UK housebuilders are likely to be expected to pay a further building safety levy following fraught negotiations with the government over the cost of cladding repairs, the chief executive of UK housebuilder Persimmon has said.

Dean Finch said he thought a new levy was the most likely outcome of talks between the industry and government, adding that he had “no doubt” housing secretary Michael Gove would follow through on his threat that developers who don’t play ball will be forced out of business.

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