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Government plans to cap public remediation funds at £5.1 billion, recouping remainder via levy.

Recommendation
Based on its central estimate of £16.6 billion for total remediation costs, MHCLG anticipated that around £7.5 billion would be paid for directly by private building owners, developers and social housing providers, and the remaining £9.1 billion would be funded through MHCLG’s grant programmes. MHCLG planned to cap the amount of public money spent on remediation at £5.1 billion, and to recoup any spending over this amount from developers through a new Building Safety Levy (the Levy) on new developments. MHCLG told us it was keen to reduce the uncertainty around building numbers and how much will need to be paid out through government grant programmes but explained that the duration of the Levy could be changed as needed to ensure it covered the final bill.62
Government Response

A response document is linked to this report, dated 16 May 2025. Response attribution to this conclusion has not been verified. Read the response document.

Addressee Bodies
HM Treasury
Timeline
Recommendation age 1.5 yrs
Report published 21 Mar 2025