REG - Taylor Wimpey PLC - Taylor Wimpey signs Fire Safety contract

Taylor WimpeyAnnouncement

13/03/2023 15:30

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RNS Number : 7944S  Taylor Wimpey PLC  13 March 2023

 

 

 

 

 

13 March 2023

Taylor Wimpey plc

Fire Safety Self Remediation Contract

 

Taylor Wimpey plc ("the company") confirms that it has signed the Government's
Self Remediation Contract, which makes legally binding the principles of the
fire safety Pledge which the company voluntarily signed in April 2022.

 

It is our long held view that leaseholders should not have to pay for the cost
of remediation and our priority has always been to ensure that customers in
Taylor Wimpey buildings have a solution to cladding remediation. We took early
and proactive action, committing significant funding and resources to address
fire safety and cladding issues on all Taylor Wimpey affected apartment
buildings.

 

The £245 million total provision that we set aside remains our best estimate
of the cost of our commitments to remediate Taylor Wimpey buildings in
compliance with current fire safety standards.

 

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For further information please contact:

 
 

 Taylor Wimpey plc
 Ishaq Kayani, Company Secretary        Tel: +44 (0) 1494 885656

 Debbie Archibald, Investor Relations

 Andrew McGeary, Investor Relations

 FGS Global                             TaylorWimpey@fgsglobal.com (mailto:TaylorWimpey@fgsglobal.com)
 Faeth Birch
 Anjali Unnikrishnan

 

Notes to editors:

 

Taylor Wimpey plc is a customer-focused homebuilder operating at a local level
from 22 regional businesses across the UK. We also have operations in Spain.

 

For further information please visit the Group's website:
www.taylorwimpey.co.uk/corporate (http://www.taylorwimpey.co.uk/corporate)

Follow us on Twitter @TaylorWimpeyplc

 

 

 

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