The Bishop of Newcastle asked a question on the effects of removal requirements for unsafe cladding on leaseholders on 22nd February 2021, following a government statement on building safety in the aftermath of the 2017 Grenfell Tower fire:
The Lord Bishop of Newcastle [V]: My Lords, many leaseholders in high-rise and medium-rise buildings are currently receiving insurance premium quotes for many times the previous annual cost. Much of the additional premium is a consequence not of cladding directly but of wider concerns regarding fire risk in their building, so removing and replacing deficient cladding will not in itself return premiums to a level of normality. Can the Minister tell us of any plans to make the representatives of leaseholders and the insurance industry agree a joint approach to alleviating this unacceptable burden?
Lord Greenhalgh (DHCLG): My Lords, I can say that we are meeting with representatives of the insurance industry and of the cladding groups to work on precisely that—a solution to make sure that there is a proportionate, common-sense approach to building insurance. I underline that increasing the pace of remediation is likely to see a return to more sensible policies regarding the setting of building insurance.
The Church of England in Parliament 
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