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.
In line with the proportionate and risk-driven approach introduced in 2022, the Building Safety Fund (BSF) now covers works directly related to the recommendations of an FRAEW. This is called a Fire Risk Appraisal of External Walls (FRAEW), conducted on an eligible building with cladding, and is undertaken by competent professionals.
A FRAEW uses the new PAS 9980:2022 code of practice, with professionals using their expert judgement to assess risk and appropriate mitigations. These could involve the removal and replacement of cladding (in whole or part) or mitigations such as the installation of sprinkler systems.
BSF Applications made in 2020 that have passed eligibility checks are not obliged to provide a FRAEW. However, the applicant could choose to do one. All new applications require a FRAEW.
Applications at an advanced stage – where full funding has been approved (and on-site works started) – don’t require a FRAEW and will proceed under the old 2020 process in order to avoid undue delays and additional costs.
More information you might find useful:
- What is the Building Safety Fund?
- What is a Fire Risk Appraisal of External Walls (FRAEW)?
- Why not just remove the cladding?
- 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.