#leaseholders

#leaseholders

The Court of Appeal ruling states that building owners and developers cannot recoup costs from leaseholders for fire safety remediation work. This significant decision has ramifications for who bears the financial burden of building safety-related costs moving forward. In light of the Grenfell Tower tragedy, safety issues were identified in older buildings. The ruling specifies that building owners cannot charge leaseholders for fire safety defects discovered prior to 2022, with the retrospective application of the Building Safety Act 2022 favoring leaseholders and residents.