Leaseholders of an apartment or flat that forms part of a larger building
The Building Safety Act 2022 is designed to improve building safety and to protect leaseholders from unfair costs relating to fixing historical safety issues, like unsafe cladding.
If you're a qualifying leaseholder, you don’t have to pay anything to fix unsafe cladding on your building.
There are also caps on other safety costs such as fire doors and insulation. If you have already paid for some of these repairs since 2017 you might be due a refund.
The law says that developers and building owners must pay to fix safety problems they have caused. This is true even if they no longer own the building.
Further advice for leaseholders
- If you decide to formally take over management of your apartment from the landlord, a Right to Manage company (RTM) is created. This is in compliance with The Commonhold and Leasehold Reform Act 2002.
- Developers or Leaseholders will set up a Resident Management Company (RMC) during the sale process. The RMC will help manage the building.