Report on Waking Watch Costs

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A report has been published, which looks at the range of costs currently being incurred by trapped Leaseholders, in respect of a Waking Watch.

Waking Watch Relief Fund Deadline Looms

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The Government re-opened the application process for the £30m Waking Watch Relief Fund; which was introduced to reimburse Leaseholders for the cost of having to install a fire alarm system under NFCC Guidance.

AXA to Offer Cover to New Customers with Cladding

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AXA has announced they will be offering their standard Property Owners Insurance on buildings with combustible cladding, provided there is a plan in place to have the non-compliant cladding replaced within 5 years.

Call on Government to Scrap Loan Scheme

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The Housing, Communities and Local Government Committee have published a report calling for the Government to scrap the proposed ‘long term loan scheme’ and establish a comprehensive Building Safety Fund.

MPs Vote Against Fire Safety Bill Amendment

MPs have voted against an amendment to the Fire Safety Bill which, if successful, would have protected Leaseholders from Landlords passing on costs for the remediation of non-compliant cladding.

New Guidance Issued for Valuers

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The RICS has published new guidance for Valuers in order to enable Valuers to determine is an EWS1 Form is required on a block or not.