Developers face ban on building any more homes if they refuse to pay to remove Grenfell-style cladding

DEVELOPERS face a ban on building any more homes if they refuse to pay to remove cladding from Grenfell-style death traps.

In all, 36 firms including giants Persimmon and Taylor Wimpey have pledged £5billion to strip away the flammable material still on high rises.

But around 16 companies have yet to cough up any cash and are running out of time to do so.

Housing Secretary Michael Gove has vowed to punish those failing to commit to his funding agreement and threatened to refuse them future planning permission.

He warned: “I welcome the move by many of the largest developers to do the right thing.

“We will do whatever it takes to hold industry to account and under our new measures there will be nowhere to hide.”

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Developers will pay £2billion to remove cladding on their own properties and £3billion for it to be taken off of buildings whose developers have since folded.

The Grenfell Tower fire killed 72 people in 2017 when faulty cladding helped flames spread.

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