The Building Safety Act: The Cost of Delay

Four years on, this is no longer tomorrow’s problem.

The Building Safety Act received Royal Assent in April 2022. Four years later, it is not a piece of legislation landlords are preparing for. It is the standard they are being measured against right now.

And the bar is rising fast.

The regulator is no longer warming up

The Building Safety Regulator has moved out of the information-gathering phase. Gateway 2 approvals are holding up major works across the country. Safety Case Reports are being actively reviewed, not just filed. Accountable Persons are being named, and in some cases held personally liable.

The quiet years are over.

The “golden thread” is now the minimum

If you cannot show, digitally and in real time, how your building was designed, built, maintained and managed, you are exposed. Not eventually. Today. Insurers are asking. Funders are asking. Tenants are asking. The days of a lever arch file in the site office are gone.

Liability has quietly widened

Remediation Contribution Orders have shifted the landscape in ways many landlords are only now catching up with. Freeholders, developers, associated companies and parent entities are all now firmly in the frame. The old assumption that risk stayed with the building no longer holds.

Compliance is becoming a commercial signal

This is the part that is often missed. BSA readiness is becoming shorthand for how well a building is run. A slow, defensive approach is already costing landlords deals, valuations and tenant confidence. A proactive, transparent one is winning them.

How we’re approaching this at TSP

We have built Building Safety Act readiness into the way our buildings are managed, from the technical core to the tenant-facing floor. Dutyholder clarity. Digital documentation. Resident engagement. Principal Accountable Person liaison. One integrated team, one clear line of sight.

The landlords and asset managers getting this right in 2026 are the ones who stopped treating the Act as a compliance exercise and started treating it as a test of how well they run buildings.

If you’d like a straight conversation about where your portfolio sits, the TSP team is ready when you are. Talk to us.