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The Building Safety Act: issues for lenders
Since the Building Safety Act 2022 gained Royal Assent on 28 April 2022, there has been extensive commentary and litigation on the many issues which arise between landlords, leaseholders, and developers. Less so, in the case of lenders financing affected developments and/or investments. This article reflects on some considerations which can arise, in particular in the context of the higher-risk building management requirements in Pt 4, and the so-called “leaseholder protections” in Pt 5.
13 JAN 2025
