Sheffield-based housebuilder Gleeson has set aside almost £13m in contributions towards fixing the nation’s cladding crisis...
Post that the company’s does not currently anticipate making further cladding remediation-related payments in future years due to its limited exposure to the issue. In recent years, it has focused on building standard-sized housing."We stopped building anything other than two, three or four-bedroom homes over 15 years ago.”
The decision to fix the cladding was taken after the Grenfell Tower fire in 2017 in which more than 70 people died. The Government said earlier this year that leaseholders in high-rises should not have to pay for fixing the dangerous cladding. Persimmon, Crest Nicholson, Taylor Wimpey, Redrow, Barratt Developments, Bellway, Countryside and Vistry are among the other major firms that have signed the pledge.
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