Housing: Surrey Heath
The question
To ask the Secretary of State for Housing, Communities and Local Government, what recent steps his Department has taken to support residents who are unable to (a) sell or (b) remortgage their properties due to fire safety remediation works in Surrey Heath constituency.
Answered by Samantha Dixon
Ten major banks and building societies have signed up to the industry statement on cladding. In doing so, they have committed to consider mortgage applications, even if a property has building safety issues, provided either the building has funding for works from government or the developer, or the property is protected by the leaseholder protections in the Building Safety Act, and the leaseholder has completed a ‘Leaseholder Deed of Certificate’ to evidence it.
Officials engage regularly with these lenders to make sure they fulfil their commitment to lending as set out in the statement. If the Hon Gentleman is aware of cases in the Surrey Heath constituency where there is evidence that this is not happening, I would encourage him to contact my Department and my officials can follow this up.
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