Revolution Property Management, part of the Leaders Romans Group (LRG), has been awarded over £6.5m in Building Safety Funds to help ensure the safety of those living in high-rise buildings in the Manchester region.
The funding will come as a welcome relief to leaseholders and tenants, as it will lead to the replacement of unsafe aluminium composite material cladding in both private and social sector buildings. This is the same material as the ‘unlawful’ cladding used on Grenfell Tower, that was deemed to be the primary cause of the devastating fire.
These funds will help to directly reduce health and safety risks and also ensure that leaseholders are protected from the costs of remediating unsafe cladding where building owners are unable to do so.
Many homeowners have been reportedly unable to sell their flats due to their unsafe cladding. Though Manchester shows the strongest UK levels of annual house price growth, with year-on-year price increases of 6.6%, high-rise buildings must meet safety standards for this growth to continue.
Anand Patel, Director of Block Management at Revolution Property Management, comments: “We’re thrilled to have been awarded Building Safety Funds, as the money will enable us to keep buildings and residents safe. It has never been the responsibility of leaseholders to deal with cladding issues themselves, especially when buildings have been signed off by the relevant, responsible authorities at the time of construction.
“This crisis has already left millions of families in tall and medium rise towers in an incredibly tough situation, and we’re glad that the Government’s Building Safety Programme is continuing to upscale the support it offers. After all, everyone has the right to feel safe in their own home.”