Yes, as a seller you have to tell the buyer about cladding or any possible defects that may be a safety risk to the building. You do this in the pre-contract enquiry form for leasehold properties (form TA7).
The landlord, freeholder or managing agents must also complete the Leasehold Property Enquiries Form (LPE1).
In this form, the buyer asks many questions about the property, including in question 4.8 about any planned Section 20 works within the next two years and the leaseholder’s expected contribution to the costs.
Section 20 refers to a consultation process that the law requires a landlord to conduct if planned works (‘major works’) will cost any leaseholder in the building more than £250.
Landlords must disclose information about any planned cladding works and whether they intend to recover any costs via the service charge.
More information you might find useful:
- What are the leaseholder protections in the Building Safety Act 2022?
- More Frequently Asked Questions on fire safety
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