Loss and expense

摘要

Only last month (AJ 7.4.05) we noted that the dream of so-called 'innovative housing', let alone £60,000 pre-fabs, was floundering due to the fact that mortgage companies were not happy to take the risk on experimental building types. Now, the BRE is trialling a new Loss Prevention Standard for Innovative Housing (LPS 2020) that has gone through rigorous consultations with a range of stakeholder organisations, from insurers and mortgage lenders to manufacturers, and is intended to deal with their concerns. It will be finalised by the end of the year and will be available, in draft form, at BRE's Offsite 2005 event next month. Its intention, inter alia, is to 'provide a single and consistent method for assessing the design and performance of innovative building systems that do not have an adequate track record in the UK.'