The dispensation comes with conditions. Where the converted storey is more than 4.5 metres above the ground, you need a category LD1 fire detection and alarm system to BS 5839-6, and a protected enclosure with a short fire resistance duration.
Where the dwelling uses a common escape route — typical in a tenement — you need one of: a protected enclosure within the dwelling, a ventilated protected lobby between the stair and the dwelling, or a self-closing fire door with a medium fire resistance duration on the entrance door to the common escape route.