Covid-19 is likely to cause an economic downturn. History has shown us that this usually leads to contract uncertainty as property owners and asset managers reassess the service contracts they have in order to reduce costs.
The recent raft of planning changes announced by the government could give the impression that the system is broken and in need of a major overhaul. This is not the case, although some adjustment is needed.
Those property managers and other colleagues that are working hard to register their clients’ buildings for the Building Safety Fund will soon find that the full application process is a whole different ball game.