Quiz - how well do you understand your lease?
Understand the key things you should know about your lease. If you are a purchaser, this can help make sure your solicitor has covered all of these points and explained them clearly to you.
Where developers take over responsibility for works to address life-critical fire-safety defects on buildings already in the BSF process, they must:
- take forward full cladding remediation works or all works recommended by a Fire Risk Appraisal of External Walls (FRAEW), carried out according to the PAS 9980:2022 methodology. For more information see What is a Fire Risk Appraisal of External Walls (FRAEW)?.
- reimburse all costs incurred by BSF applicants and relevant leaseholders in developing the remediation project; and
- for projects which have completed a tender for the works under the BSF process, meet the current estimated completion date.
Where buildings remain in the BSF, the developer must reimburse the department once works have been completed where:
- BSF funding has been agreed and a contract signed; and
- (in some cases) where BSF funding has been agreed but the contract has not been signed.
If BSF funding has been agreed but the contract has not been signed, the developer has a choice:
- agree with the department that the building should continue to be remediated in the BSF process and reimburse the department; or
- remediate the building themselves.
Either way, the developer has to pay.
If your building’s developer has agreed to take responsibility for works, or reimburse the BSF in full, the BSF applicant should notify you.
If your building’s developer takes over responsibility for works, under the contract, they are also encouraged to provide updates and may provide you with contact details so that questions or concerns about the works can be raised.
More information you might find useful:
- What is the developer remediation contract?
- What is the Building Safety Fund?
- What are the leaseholder protections in the Building Safety Act 2022?
- More Frequently Asked Questions on Fire safety
Still not found the answer?
Contact LEASE to have your enquiry dealt with by one of our experienced advisers.