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Modules 1, 2, and, 3 explain: Residential leases, the responsibility of a director, and the basics of financial management.

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What is waking watch?

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.

 

Further information:

LEASE is governed by a board, appointed as individuals by the Secretary of State for the Department for Levelling Up, Housing & Communities.

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