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Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.

text for CQS CPMS Policy:

CQS Policy: Building Safety Act 2022 - Purchase & Sale Cases

Change Date : 07/06/2023    |    Word Count: 767    |    Deployment Measure : 7/10
7/10
Rationale: Draft policy provision to be varied on a firm by firm basis setting out the expectation of lawyers when it comes to this evolving and uncertain area of law. It will require further editing as the industry comes to terms with the Act. The wording takes into consideration lender requirements.
Lawyers must check the individual lenders requirements as per 5.14.17 of the UK Finance Lenders’ Handbook. Lenders are increasingly setting out and changing their requirements for properties that have external wall systems (often generically termed cladding) that require remediation under …


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