Deadline approaching swiftly for final registration for the Government’s £1 billion fund to remove dangerous cladding from high rise buildings.
At the end of May, the Government announced a £1 billion Building Safety Fund to remove and replace unsafe non-ACM cladding systems on high-rise residential buildings.
The Government published the following prospectus for the fund, which will meet the cost for remediation of unsafe non-ACM cladding systems on residential buildings in the private and social sector that are 18 metres and over and do not comply with building regulations:
Building owners have been urged to act and put the safety of residents first, although Ministers have been clear that they expect building owners who are already remediating their buildings to continue to do so. They should explore every opportunity to fund this work before seeking funding from Government or passing on costs to their leaseholders.
The fund’s application process has been designed to enable projects to proceed at pace with building owners, freeholders or others responsible for the building urged to register for the fund as applications can be progressed alongside the development of the remediation project.
At the same time as the Building Safety Fund, new statutory guidance published also means that all new residential buildings over 11 metres tall will be fitted with sprinkler systems. This is another critical part of the Government’s commitment to delivering the biggest changes to building safety for a generation.
Initial registration of interest for the Building Safety Fund ends on 31st July with those registering able to then move on to the full application process.
Full details and the initial registration of interest can be found here.
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