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Commenting on the expert panel report on the safety of medium and lower rise blocks of flats with cladding and the Ministerial Statement from the Housing Secretary which followed, UK Finance and the BSA issued a joint statement:
Flats should be safe places to live so we welcome the government's expert panel view that there is no systemic risk from fire in medium and lower rise blocks. "We also welcome the actions the government has outlined today, including the withdrawal of the current Consolidated Advice Note on cladding, and urge them to continue to work with relevant stakeholders to ensure all documents, including the RICS guidance, align with the views of the expert panel. "Once these changes are made, both borrowers and lenders should be in a clearer position and know what is expected of them.
Flats should be safe places to live so we welcome the government's expert panel view that there is no systemic risk from fire in medium and lower rise blocks.
"We also welcome the actions the government has outlined today, including the withdrawal of the current Consolidated Advice Note on cladding, and urge them to continue to work with relevant stakeholders to ensure all documents, including the RICS guidance, align with the views of the expert panel.
"Once these changes are made, both borrowers and lenders should be in a clearer position and know what is expected of them.
<h4><span style="background:white"><span style="font-weight:bold"><strong><span style="font-weight:normal">Contact Information</span></strong></span></span></h4> <h4><span style="background:white"><span style="box-sizing:border-box"><span style="font-variant-ligatures:normal"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><strong>UK Finance Press Office</strong></span></span></span></span></span></span></h4> <h4><span style="background:white"><span style="box-sizing:border-box"><span style="font-variant-ligatures:normal"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial">020 7416 6750 - <a href="mailto://press@ukfinance.org.uk">press@ukfinance.org.uk</a></span></spa…; <h4><span style="background:white"><span style="box-sizing:border-box"><span style="font-variant-ligatures:normal"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><strong>BSA Press Office</strong></span></span></span></span></span></span></h4> <h4><span style="background:white"><span style="box-sizing:border-box"><span style="font-variant-ligatures:normal"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial">07741 984 042 - <a href="mailto://hilary.mcvitty@bsa.org.uk">hilary.mcvitty@bsa.org.uk</a></span…; <h4 style="margin-top:12px; margin-bottom:12px"><span style="background:white"><span style="vertical-align:baseline"><span style="font-weight:bold">Notes to Editors</span></span></span></h4> <ul><li><span style="background:white"><span style="vertical-align:baseline"><span style="font-style:inherit"><span style="font-variant:inherit"><span style="font-weight:inherit"><span style="font-stretch:inherit">The independent expert statement on building safety in medium and lower rise blocks of flats can be found <a href="https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.g… style="border:none windowtext 1.0pt; padding:0cm">here</span></a></span></span></span></span></span></span></li> <li><span style="background:white"><span style="vertical-align:baseline"><span style="font-style:inherit"><span style="font-variant:inherit"><span style="font-weight:inherit"><span style="font-stretch:inherit">The Ministerial statement from the Housing Secretary, Robert Jenrick, can be found <a href="https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.g… style="border:none windowtext 1.0pt; padding:0cm">here</span></a></span></span></span></span></span></span></li> <li><span style="background:white"><span style="vertical-align:baseline"><span style="font-style:inherit"><span style="font-variant:inherit"><span style="font-weight:inherit"><span style="font-stretch:inherit">The press release from MHCLG can be found <a href="https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.g… style="border:none windowtext 1.0pt; padding:0cm">here</span></a></span></span></span></span></span></span></li> </ul>
06.09.22
22.02.22
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