Building Safety Fund - What You Need to Know
What is the Building Safety Fund?
The Government has released a new £1 billion fund to remove unsafe non-ACM cladding on mixed use residential and commercial properties that are 18 metres and over and do not meet building safety regulations.
“I will not accept any excuses from building owners who have yet to take action and those responsible should register for the fund so that they can start the remediation process immediately. I have also reached an agreement with local leaders so that this important work can continue safely during the pandemic.”
How can K Systems help you with the Building Safety Fund?
This is an opportunity for building owners to act and put the safety of residents first as the Government’s £1 billion Building Safety Fund has been launched.
At K Systems we are keen to help building owners and approved installers during the application and regeneration process. As one of the leading EWI system manufacturers in the UK and Republic of Ireland with a variety of systems and finishes, we have a wide selection of approvals from the British Board of Agrément BBA and The National Standards Authority of Ireland NSAI. Alongside our accreditations and meeting the fire safety regulations expected today, we are an established and respected company with excellent technical service ranging from design advice through to installation to ensure quality and reliability. We offer clients excellent stock holdings as well as a partnership approach with approved installers to aid a smooth installation process with minimal disruption.
Who can access this fund?
The fund’s application process has been designed to enable projects to proceed at pace with building owners, freeholders or others responsible for the building.
The fund will cover mixed use residential and commercial properties but will not cover hotels, hospitals and buildings without residential leaseholders. The building must be higher than 18m and a separate registration for each specific building block must be provided.
Why is the fund important?
Building owners or those who are responsible for the property have a legal responsibility for the repair, condition and safety of their buildings to ensure that both buildings and residents are kept safe. This includes the removal and replacement of a variety of dangerous non-ACM cladding systems, which after testing have been deemed a fire safety risk by experts.
It has been recommended by the Government that building owners should register for the fund where they are aware of any unsafe cladding that has been used as well as if there is any doubt regarding the materials that its structure consists of. Building owners have been encouraged to assess their own external wall insulation systems, although additional support will be available for those who need assistance in determining if they are eligible for the fund.
If you would like to talk to our experienced sales team to learn how you can progress with the Building Safety Fund, please complete the contact form below.