Latest Building Safety Amendments Welcomed by TPI
Posted by The Property Institute on 30th March 2022 -
- Following recent debates in Committee Stage, the Government has announced several new amendments to its building safety crisis strategy and the Building Safety Bill
- Further protections for leaseholders against remediation costs, and tough sanctions announced for developers and product manufacturers
- Resident Directors given powers to appoint professional directors
Since laying out its approach to tackling the country’s building safety crisis in January, the Government has introduced a number of new amendments to further strengthen the robust package of measures already introduced.
Having extensively engaged with Government and other stakeholders for several years, including the recent Building Safety Bill debates in Parliament at Committee stages, ARMA and IRPM – now merged as The Property Institute (TPI) - have welcomed the new approach, particularly the additional protections for leaseholders from the egregious costs, the removal of the duty to appoint a building safety manager, and the additional powers passed to resident directors to appoint third-party professional directors.
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