p6w4KQU2
type: Answer
type: WrittenAnswer
answer has question: wQDOR3AZ
answer has answering person: o8uRVw1g
answer text: The External Wall System Review form (EWS1) is not a statutory requirement or government process. It is an industry tool to inform mortgage valuation. The Royal Institution of Chartered Surveyors (RICS) have issued guidance on the use and application of EWS1 forms. Following the Department’s work in this area, a number of mortgage lenders have joined a voluntary commitment to offer mortgages on properties affected by building safety issues. This means that around three quarters of mortgage lending is now covered by this commitment, which commits lenders to consider mortgage applications for properties in buildings that are yet to be remediated, or where leaseholders are protected from remediation costs.
answer given date: 2024-04-19+01:00
answer has answering body: 4YFnf0fD
written answer has answering body: 4YFnf0fD