Building Safety Act 2022
This Bill was announced in the Queen’s Speech in December 2019. A draft version was published in July 2020; the full version was published in July 2021. The Bill received royal assent in April 2022, thus becoming an Act. The more rigorous regime set out in the Act will apply to residential 7-storey, 18 m buildings and applies throughout the life cycle of new buildings, including at the occupation stage of existing buildings in scope, following a suitable transition period.
Building Safety Fund (BSF)
The fund was introduced by the government in 2020 to cover the cost of remediation of unsafe non-ACM cladding on high-rise buildings over 18 m in England. In the March 2020 budget, the government announced that it would provide £1 billion from 2020 to 2021. The fund opened for new applications, and for those with adaptations, in July 2022 for eligible buildings without a funding solution in place.
The fund is part of the wider building safety programme that aims to ensure that residents of high-rise buildings are safe in their homes. There will also be a separate fund to mitigate against life-safety fire risks associated with cladding on mid-rise residential buildings that are 11–18 m in height where a responsible person can demonstrate that other options to cover costs are unavailable, e.g., via warranties or by the developer. This fund has not yet opened for applications and further information will be published in due course.
Welsh Building Safety Fund
The Welsh Government introduced plans for the country’s own Building Safety Fund to continue the journey to ensure that existing buildings are made safe and future buildings are built, maintained and managed in a way that prioritises the safety of residents. If you are responsible for the management of multi-occupied buildings in Wales, it is important to differentiate between the English and Welsh Building Safety Funds, as they are very different. We can assist you with the application process, starting with the initial expression of interest form through to approval.