Thorough investigation saves client from possible £1m remedial works and possible loss of residents lives due to fire safety defects
Having been approached by a client to perform a technical due diligence review, AWH uncovered serious deficiencies in Fire Safety aspects, ultimately saving the client from an estimated £1m in remedial works, had they completed the purchase.
As part of the technical survey the client’s solicitors granted AWH access to the Data Room, the virtual storage area that contains all of the necessary documents pertaining to the project. Detailed planning drawings, party wall documentation, engineers designs and more; everything Kevin Marshall MRICS who was heading up the investigation would need to ensure that the buildings were constructed safely.
Initially everything was going as expected. Construction contracts and collateral warranties were consulted and confirmed as accurate. But as Kevin continued to examine the documents, he discovered there were some alarming gaps in the documentation relating to the fire safety of the new build.
Working with a Fire Safety specialist, Kevin performed some intrusive opening up in 3-4 locations throughout the property, as well as performing a more detailed survey of the areas that were still open to inspection. This thorough survey rapidly proved Kevin’s suspicions; the fire stopping measures in the building were wholly inadequate.
Brief exchanges with both client and the vendor followed this survey, in an attempt to resolve the situation. Unfortunately, the negotiations failed to lead to an acceptable conclusion and, not willing to place anyone’s lives at risk, the client has ultimately walked away from the investment.
Whatever the challenges you are facing, our chartered Surveyors and Valuers would love to hear from you!
Speak to Kevin Marshall MRICS or another member of the AWH team on 0800 071 5517 or contact us.