News
Knowledge Bank adds criteria addressing EWS1 form concerns
This move comes after some lenders withdrew mortgage offers due to uncertainties about the validity of certain EWS1 forms.
EWS1
Buy-to-let Mortgages
Number of flats requiring an EWS1 form rises to 10% in Q2
This figure marks a 2% increase on the 8% recorded from January to March 2023.
News
Home sellers may struggle to sell in 2023 due to potential fire hazards
While almost a third of apartments in London boast a balcony, many sellers may not realise this could prevent them from selling up if it’s found to be a fire hazard.
Estate Agents
Benham and Reeves call for enhanced fire safety measures
Benham and Reeves has called for EWS1 forms to be incorporated into the standard Fire Risk Assessment process.
News
EWS1 forms or equivalent being required in fewer than one in 10 cases
That the majority of mortgage valuations for flats do not require an EWS1 form or equivalent, data received by DLUHC shows.