Several of the UK’s major housebuilders have announced focused pots of funding to be used on the replacement of cladding and other fire safety issues.
Taylor Wimpey has £125m in its own fund, while Persimmon and Barratt Developments are allocating £75m and £56m respectively.
Chief Executive of Taylor Wimpey, Pete Redfern, said the fund would not cover the cost of temporary safety measures, such as fire patrols.
The Government recently pledged a commitment to measures like fire patrols via its £30m Waking Watch fund.
The Waking Watch fund will provide funds for fire alarm systems to replace patrols.