Thirty-nine of UK’s biggest developers sign contract providing relief for thousands of leaseholders and tenants
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Thirty-nine of UK’s biggest developers sign contract providing relief for thousands of leaseholders and tenants

Michael Gove, the Secretary of State for Levelling Up, Housing, and Communities, has secured the signatures of 39 of the UK’s biggest housebuilders on the developer remediation contract.

The contract is a legally binding document that commits the developers to fix unsafe buildings they developed or refurbished. The top ten biggest housebuilders in the UK are among the signatories, representing a substantial proportion of the housing market.

The signed agreements will raise at least £2 billion for remediation costs and provide relief for the thousands of innocent leaseholders and tenants whose homes are covered by the contract.

Developers who fail to sign the contract will not be able to operate freely in the housing market. Eligible developers who have signed will be legally bound to pay to fix their unsafe buildings.

Secretary Gove stated that those developers who are responsible for the crisis must pay, and he is grateful to the developers who have signed the contract.

For developers who have signed, their obligations start immediately, and the government will publish further information next week on how developers will be prohibited from carrying out major development or receiving building control approval unless they sign and adhere to the contract, using Building Safety Act 2022 powers.

Regulations will establish the Responsible Actors Scheme and set out the criteria for eligibility and the conditions of membership. Eligible developers who do not sign the contract will not be able to join the scheme and will be subject to the prohibitions.

The signed agreements are a major step towards ending the building safety scandal and will allow the government to monitor the progress on remediation closely, to ensure the work is completed urgently and safely.

Secretary Gove acknowledged the years of misery and hardship that innocent leaseholders have endured and apologized for it. He wants to put on record his commitment to protecting leaseholders and ending this injustice.

Signatories are required to fix all life-critical fire-safety defects in all English buildings over 11 metres that they had a role in developing or refurbishing.

They are also required to reimburse the taxpayer where government funds have already paid for remediation, with that money being used to make other buildings safe faster.


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