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Mon, 25 November 2024

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BSA comments on Scottish Government announcement on cladding

Building Societies Association

1 min read Partner content

Paul Broadhead, Head of Mortgage and Housing Policy at the BSA said:

"The action announced by the Scottish Government is to be welcomed as a positive step forward. This announcement should give flat owners and occupants in Scotland hope that the sales market can be restored. 

"The understanding demonstrated by the Minister for Local Government, Housing and Planning that the root cause of the whole issue is one of safety, and that addressing this will lead to solutions that will free up property transactions, is absolutely right.  

"Scotland has faced unique tenure related challenges given the co-ownership structure of blocks of flats.  Given this, the proposals for a Single Building Assessment funded by the Scottish Government should, if implemented quickly, offer an innovative solution to help consumers waiting to buy or sell.

"We are committed to working with the Scottish Government to support the implementation of the recommendations to restore confidence to all flat owners in Scotland." 

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