Leaseholders facing the prospect of huge bills to remove unsafe cladding will be offered valuable insights into the possible implications of the Building Safety Act at a free webinar hosted by leasehold experts.
On Wednesday 11th May 2022 at 2pm, London law firm Bishop & Sewell will present a FREE Leasehold Question Time webinar addressing the subject of the forthcoming Building Safety Act, which will cover questions around cladding and building safety.
Mark Chick, Senior Partner and Head of the Landlord and Tenant team at Bishop & Sewell, will be joined by Barrister Justin Bates of Landmark Chambers to provide attendees with an update on the Act, which has now passed into law, and the implications for leaseholders. A Q&A session will also give attendees the chance to ask questions.
Mark Chick said: “The Building Safety Act 2021/2022 has been through a number of changes since it was first drafted in response to the Grenfell Tower tragedy. Given that the issue of unsafe cladding has caused misery to so many leaseholders, we have been following the development of this bill closely, along with building safety and cladding issues more generally.
“In February this year we saw a change of tack as the government tabled a number of amendments intended to make the building industry pay for some building safety remediation costs. These amendments now mean that freeholders will meet some of the costs of non-cladding safety issues in buildings over 11m in height and that leaseholders should not pay for cladding costs in buildings over 11m.
“The government has also set aside large funds to remediate cladding in buildings of over 18m in height. In its recent amendments, the government has also proposed the removal of the proposed role of the ‘Building Safety Manager’.
“This Leasehold Question Time session is essential for anyone affected by the ongoing cladding crisis. As this new Act becomes law, we realise that issues concerning building safety and cladding could have very significant financial consequences for many thousands of leaseholders, who will doubtless have questions about how the new legislation will affect them.”
The session is free to attend, but delegates must pre-register; please register using the link below: https://www.bigmarker.com/bishop-and-sewell-llp/In-conversation-with-Bishop-Sewell-Building-Safety-Bill
Mark Chick and Justin Bates are leasehold specialists and are recognised as authorities in the Landlord & Tenant sector. If you are thinking of buying, or already own, a leasehold property and you have a question about ground rent charges, please call 020 7631 4141 and ask for a member of the Property team, or email email@example.com