Service charge transparency requirements: ongoing costs of the new building safety regime - consultation and call for evidence
Applies to England
Call for evidence description
The Building Safety Act 2022 established new legal duties for landlords and building owners of higher-risk residential buildings to keep their building safe.
There will be an ongoing cost associated with complying with some of these building safety duties, which can be passed to leaseholders through the service charge.
This consultation and call for evidence seeks views on:
- the proposed transparency requirements associated with the ongoing costs of the new building safety regime
- the administrative and operational changes needed to implement the new transparency requirements
- the cost of and time taken to adjust existing systems or to implement new systems to meet the transparency requirements
- the impact of different commencement timings and sequencing