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 the private sector, registration for the fund is open to building owners, freeholders or the responsible entity for buildings within scope that:
- have or may have unsafe non-ACM cladding systems as part of the external wall system. For example, some types of other (non-Aluminium) metal composite panels, High Pressure Laminate, render and timber wall systems where these do not meet fire safety standards.
- where there are leaseholders who would otherwise be obliged to pay for the cost of remediation through their service charge
- Social housing units held in blocks owned in the private sector will be eligible as part of the relevant application for that building.
Leaseholders should not submit a registration to the fund. If you know or are concerned that your building might have unsafe cladding, you should contact your building owner or manager to ask them to confirm what action they are taking. Your building owner or managing agent should not be waiting for the fund to be open, they should have begun planning the work already.
The government have provided a feedback form to enable leaseholders to let them know the details of their building if they are concerned the owner of their building is not taking sufficient action to deal with unsafe cladding, or is passing the costs of doing so onto leaseholders.