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By Bhavini Patel 2025-07-10T06:00:00
It cannot have been the intention of the Building Safety Act to create delays to development - it’s time for a fresh approach, argues Bhavini Patel
It is well known that there are serious delays in processing gateway 2 (GW2) applications under the Building Safety Act. In fact, recent figures from the consultancy Cast demonstrate that only 10% of the 187 applications submitted since October 2023 have been approved.
Those delays have had a ripple effect across residential development and investment – developers have had to re-think their funding arrangements, with lenders taking a more cautious approach and contractors are increasingly nervous because of the spread of risk associated with delays and spiralling costs.
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