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.
Today, 18th July 2019, the Ministry of Housing, Communities and Local Government published the prospectus for the Private Sector ACM Cladding Remediation Fund.
The prospectus sets out the scope and eligibility criteria for the fund, against which applications will be assessed. It describes which costs are covered (and not covered), the eligibility criteria, how the fund works – including important rules on State Aid – how to apply and the timetable for submitting applications.
The Communities Secretary, Rt Hon James Brokenshire MP, said:
“By the end of December 2019, any building in the private sector which I have not been assured is permanently safe should have a clear commitment to remediation, with a start and finish date agreed. Where no such safety assurance or plan has been brought forward by the end of December, building owners can expect enforcement action to be taken. My expectation is that, other than in exceptional circumstances, building owners should complete remediation within six months of agreeing a plan – by June 2020.
“I acknowledge that this Government also has a role to play in ensuring that remediation is undertaken. That is why, on 9 May I announced that this Government was introducing a new £200 million fund to unblock progress in remediating private sector high-rise residential buildings. My Department has been in contact with relevant building owners or managers to enable them to start preparatory work on an application to the fund.”
If you have a question or concern about fire safety in leasehold, you can get free advice from LEASE. You can get advice through a free telephone appointment or written enquiry.