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Mon, 15 April 2024

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Mobile UK warns that the government’s ambitions for widespread adoption of 5G could be at risk Partner content
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UK Finance and BSA comments on MHCLG announcement of the new Waking Watch Relief Fund

Building Societies Association

1 min read Partner content

It’s important that the cost of remediation works does not fall on leaseholders who bought their homes in good faith and the government’s confirmation today that the building industry must contribute towards these costs brings much-needed clarity and relief to homeowners.

“The additional funding for fire alarms and the extension of the Building Safety Fund deadline announced by the government today will provide welcome support for those affected by issues relating to fire safety, however, there is still more to be done.

"Borrowers and lenders have a common interest in ensuring that fire safety concerns are resolved and properties can be valued accurately.

"However, it’s important that the cost of remediation works does not fall on leaseholders who bought their homes in good faith and the government’s confirmation today that the building industry must contribute towards these costs brings much-needed clarity and relief to homeowners.

"The industry will continue to work with the Government, RICS and others to find the best solutions for those affected.”

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Engineering a Better World

The Engineering a Better World podcast series from The House magazine and the IET is back for series two! New host Jonn Elledge discusses with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

NEW SERIES - Listen now