Part of 2. Questions to the Counsel General and Minister for European Transition (in respect of his 'law officer' responsibilities) – in the Senedd at 2:43 pm on 16 March 2021.
Diolch yn fawr, Weinidog. Now, in these post-Grenfell times, Counsel General, you may be aware of the issues facing leaseholders at Meridian Quay in Swansea, where the construction company and the insurers have both gone into liquidation. This has left leaseholders in a position where they feel trapped, their apartments are seen as worthless and they are unable to sell. Now, hopefully, attempts to gain compensation through the Financial Services Compensation Scheme will bear fruit, and I have written to the Minister for Housing and Local Government on this matter.
I would be grateful, however, if you could outline what discussions you are having within Government on the £3.5 billion funding announced by the UK Government recently, and whether you feel that it would be possible for the Welsh Government to offer an indemnity to leaseholders in situations such as Meridian Quay, particularly for consequential costs, such as rising insurance and rising legal costs.