Flats: Insulation
The question
To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment his Department has made of the impact of unsafe cladding on the ability of leaseholders to sell their flats; and what steps his Department plans to take to support those leaseholders.
Answered by Samantha Dixon
Ten major mortgage lenders have pledged to consider lending on properties in buildings which are 11 metres or above even if there are unresolved building safety issues. The building must be in a remediation scheme, and/or the leaseholder must qualify for the protections in the Building Safety Act and have completed a ‘Leaseholder Deed of Certificate’ to evidence it. We engage with lenders to make sure they are upholding the pledge and gather supporting data.
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