Company aims to avoid leaseholders receiving large bills for repairing cladding and other issues

Taylor Wimpey, one of the UK’s biggest housebuilders, has set aside £125m to replace cladding and carry out other fire safety work on its apartment buildings after huge flaws were uncovered in the wake of the 2017 Grenfell fire.

The company said the fund would support fire safety work for leaseholders in apartment blocks built in the past 20 years, including those below 18m height.

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