Wednesday 3 & Thursday 4 March 2021
Cladding and its impact on Enfranchisement
The tragic events at the Grenfell Tower on 14th June 2017 put the question of building safety and cladding at the top of the leasehold agenda.
Leaseholders affected by this issue are experiencing "unimaginable anxiety" over the uncertainty as to who will pay for the necessary remedial works. Freeholders face uncertainly over liabilities and service charge budgets.
The EWS1 form has dominated the conveyancing world and many flat owners are unable to sell or remortgage until any uncertainty concerning the exact type of cladding at their block has been resolved.
There are many blocks that wish to address the question of whether to buy their freehold in such a situation; either by collective enfranchisement, or by responding to a section 5 notice. This may either be as a response to the issues of repair and service charges that cladding raises, or for other reasons such as lease terms and ground rent.
In the ALEP spring lecture, we will explore the key issues around cladding and building safety and its relevance for enfranchisement professionals.
Whilst we cannot seek to answer all the questions that this highly emotive topic presents, we will provide an overview and discussion for practitioners facing these issues in their day-to-day practice.
The 2021 Spring Lecture will look at both the technical aspects underlying the cladding issue and also consider from a legal and valuation point of view its impact when buying the freehold.
As ever ALEP seeks to provide its members with relevant, topical content and to tackle points arising at the forefront of enfranchisement.
Our 2021 Spring Lecture will be presented online in two 90-minute sessions over the course of two days and, as well as practical insights, will offer delegates the opportunity for discussion.
The ALEP Spring Lecture is an event for legal and valuation practitioners working in the enfranchisement sector and is open to members and non-members.
Full agenda, speakers and pricing to follow.
To register your interest, email firstname.lastname@example.org