Thousands of UK flat owners can't sell due to fire safety holdup

After Grenfell, mortgage lenders insist on a specialist EWS1 survey that can take years to provide

Thousands of flat owners face months, possibly years, of being unable to sell or remortgage because they cannot get hold of new fire safety paperwork required by banks and building societies.

Rules brought in after the Grenfell fire, which killed 72 people in 2017, mean surveyors acting for mortgage lenders are making extra checks to ensure a building’s construction is free of combustible materials.

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from Property | The Guardian https://ift.tt/358JVkI
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