On 21 November 2020, the Government announced that homeowners who live in buildings without cladding will no longer require an EWS1 form in order to sell their property.
It should mean that fewer leaseholders require an EWS1 form in order to remortgage, staircase or sell their homes.
L&Q will be consulting with the Government, and our industry partners, to clarify our understanding of the impact on our buildings. Where we become aware that a building should not be subject to an EWS1 inspection we will update affected homeowners.
In the meantime, it is important to note that EWS1 forms are not a legal document and are required by mortgage lenders solely for the purpose of assessing the value of a property. How lenders approach the use of EWS1 forms is at their discretion.
For this reason, if you have previously been asked for an EWS1 for your building, but believe it may now be exempt, please contact your mortgage lender in the first instance.
This announcement does not affect L&Q’s programme of building safety inspections as these are still necessary to ensure that our homes meet current building safety guidelines.