Signing of the Scottish Safer Buildings Accord
31 May 2023
Barratt Developments PLC
Signing of the Scottish Safer Buildings Accord
In line with its belief that leaseholders should not have to pay for remediation, Barratt has signed the Scottish Safer Buildings Accord ("the Accord"), an industry commitment supporting the remediation and / or mitigation of external wall cladding systems on buildings of 11 metres and above, in Scotland.
In signing the Accord, Barratt has committed to resolving life critical fire safety defects in a property which:
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Is amulti-occupancy residential domestic building (whether such building includes separate commercial or non-domestic use) in Scotland; and |
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Has a storey at a height of 11 metres or more above the ground; and |
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Has been built by us as a developer, (but not solely as contractor) in the period of 30 years, ending 1 June 2022. |
We will work in good faith with the Scottish Government in order to support the remediation and / or mitigation of external wall cladding systems, where identified through a fire risk assessment, as required for in-scope buildings.
These commitments remain subject to our agreeing with the Scottish Government, the necessary legal documentation in respect of the principles set out above. We will therefore work constructively with Homes for Scotland and the Scottish Government to address outstanding issues and agree, as quickly as possible, a legally binding, long-form contract, in order to give effect to the above principles of both self-remediation and mitigation.
Further details on our approach to building safety can be viewed on our website at: https://www.barrattdevelopments.co.uk/about-us/our-approach-to-building-safety.
For further information, please contact:
Barratt Developments PLC:
Analyst / investor enquiries
Mike Scott, Chief Financial Officer 07881 327 748
John Messenger, Group Investor Relations Director 07867 201 763
Media enquiries
Tim Collins, Group Corporate Affairs Director 020 7299 4874
Brunswick
Jonathan Glass / Rosie Oddy 020 7404 5959
Barratt Developments PLC LEI: 2138006R85VEOF5YNK29
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