Sign At Your Peril

Since the Grenfell tragedy, we have seen a plethora of reforms designed to improve fire safety, especially in high-rise, multioccupied buildings, including the Building (Amendment) Regulations 2018, which brought important changes for the use of combustible materials. Meanwhile the draft Building Safety Bill was published in July, and the government's consultation on fire safety ends on 12 October. The release of Form EWS1 in December 2019 by the RICS, the Building Societies Association and UK Finance was aimed at addressing concerns on buildings completed before the 2018 changes came into force. Mortgage lenders needed to know if remedial works would be required and, if so, what would be the cost and the impact on value.