Important update on fire remediation costs

 

24 May 2022

We’ve long called for clarity from the Government around who should pay for fire remediation costs. We welcome the Government announcement that leaseholders shouldn’t have to pay, along with further detail about recovering costs from developers. And we’re glad these commitments carry the full force of law, following the passage of the Building Safety Act 2022 on 28 April. 

We’re pleased to confirm we’ve updated our policy to reflect the new Government position. We will not pass on costs to leaseholders for: 

•    any fire safety remediation works we undertake related to historic defects as defined by the Building Safety Act 2022 
•    work carried out relating to interim measures - this includes temporary alarm installations and evacuation management costs (such as Waking Watch).

This applies to all leaseholders*, irrespective of the height of the building you’re living in.

We hope this comes as good news, as we know the national uncertainty over fire safety costs has caused significant concerns for some of our leaseholders. 

*This may not apply if you’re a buy to let investor or if you own more than three properties.

For further information, please visit here or take a look at our updated FAQ page.