Submitted by Marc Duschenes on Monday 24th January 2022
Published on Friday 28th January 2022
Current status: Closed
Closed: Thursday 28th July 2022
Signatures: 432
Relevant Departments
Tagged with
0% VAT ~ 2022 ~ Build ~ Compensation ~ Courts ~ Devastating ~ Houses ~ Housing ~ independence ~ Law ~ measures ~ mentalhealth ~ Owners ~ remain ~ safety bill ~ Scope ~ Sell ~ Selling ~ Temporary ~ The Bill
Introduce new regulatory and financial measures to the Building Safety Bill
The Government can enhance the Bill's scope and assist owners by legislating for 0% VAT on all remedial works, appoint an independent regulator for funded projects, protect short-hold tenants with a temporary rent compensation tariff and protect in law owners Rights To Manage during remedial works.
Many leaseholders have received devastating 2022 demands. Changes to the Bill could assist. We believe VAT on remedial works is incoherent and circular, that a regulator is required to limit any excessive project costs, and that renters will endure disruption and this will burden the Housing Courts so a planned tariff of compensation is needed.
Unless addressed, works may never start, funds deplete, owners unable to sell/re-mortgage and tenants remain unsafe causing financial, mental health, housing, and lender crises.
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