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ARTICLE · 24 MARCH 2020

The Effect Of The 2020 Budget On Cladding

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The Chancellor of the Exchequer has announced in the 2020 Budget that the government "will invest an additional £1 billion to remove unsafe cladding from residential buildings above 18 metres

United KingdomReal Estate and Construction

The Chancellor of the Exchequer has announced in the 2020 Budget that the government "will invest an additional £1 billion to remove unsafe cladding from residential buildings above 18 metres to ensure people feel safe in their homes". This is on top of the £600 million already offered by the previous ACM fund. The Chancellor also said the "new fund will go beyond dealing with ACM to make sure that all unsafe, combustible cladding will be removed from every private and social residential building above 18 metres". As to what is meant by "all unsafe, combustible cladding", the Ministry of Housing, Communities and Local Government also published guidance on 11 March 2020. This confirmed that "high-pressure laminate, wood and other class C/D cladding" would be covered by the new fund.

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