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.
Waking watch is a fire safety system where suitably trained staff continually patrol the floors and the exterior perimeter of a building to maintain the safety of its occupants from fire. The aim of a waking watch is to ensure there is sufficient warning in the event of a fire to support the evacuation strategy.
A waking watch is required when the presence of dangerous cladding or fire safety issues changes the evacuation policy of a building from stay put to simultaneous evacuation. This change requires fire marshals to patrol the building 24 hours a day looking for signs of fire.
The provision of waking watch has left leaseholders facing average costs of £17,897 per building, which equates to (£331 per flat).
The new Waking Watch Relief Fund will pay for the installation of fire alarm systems in high-rise buildings with cladding, and remove or reduce the need for interim safety measures such as a ‘waking watch’.
Some buildings have already installed fire alarm systems due to the significant savings they offer, with leaseholders in those buildings, expected to collectively save over £3 million per month.
- £30 million Waking Watch Relief Fund now open for applications
- Government announces £30 million Waking Watch Relief Fund
- Government funding for the remediation of Non-ACM cladding – A quick guide for leaseholders to the Building Safety Fund
- LEASE advice on fire safety
- Book a fire safety advice session
- Make a written fire safety advice query