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Written question asked by Shabana Mahmood (Labour) on Monday, 11 July 2022, in the House of Commons. It was due for an answer on Monday, 18 July 2022 (named day). It was answered by Marcus Jones (Conservative) on Monday, 18 July 2022 on behalf of the Department for Levelling Up, Housing and Communities.


Buildings: Insulation

Question

To ask the Secretary of State for Levelling Up, Housing and Communities, what estimate he has made of the number of leaseholders that require an EWS1 form to (a) move or (b) re-mortgage.

Answer

The requirement for and use of EWS1 forms is determined by the lending policies of banks and building societies. Not all lenders ask for an EWS1 form, but when or whether they do remains a commercial decision. Data published by the department on 19 May 2022 demonstrates that lenders require EWS1 forms for fewer than 1 in 10 mortgage valuations for flats.

Major lenders confirmed in a statement on the 15 July, that the Building Safety Act means that they will lend on properties impacted by building safety issues on the basis of a qualifying lease certificate, subject to lenders’ individual lending policies.


Secondary information

Type
Written question
Reference
33749
Session
2022-23
Subjects
Buildings Inspections Leasehold Fire prevention Insulation
Contains statistics
Yes
Link
View this Written question on www.parliament.uk