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  • There must be a reason the banks want an EWS1 most non clad buildings are now out of scope based on the RICS advice.

    I don't actually know what lender my buyer went with in the end, but we've gone from no lending without EWS1 to 4 flats in our building getting mortgages approved by different banks without one since April.

    My building is block and render, under 18 metres, and does have balconies but no wood for reference.

    No point getting their own surveyor there must be something that the bank see as a risk factor with the building based on their valuers (surveyor) report.

  • There must be a reason the banks want an EWS1 most non clad buildings are now out of scope based on the RICS advice.

    I don't suppose they could ask Barclays for their survey or what the reason is?

    I feel like they've probably already tried the latter though.

    Theirs is also under 18m, brick, no balconies. I am not a surveyor but I don't get it.

  • If under 18m then i think the exclusion on that basis (with or without cladding) was announced end of July, so it may not filter through to the banks changing their processes that quickly.

    An EWS1 was requested by my buyers first attempted Lender in February, they wouldn't provide any information beyond 'building requires an EWS1'.

    With our sale there was a change in guidance due from RICS in April, so our buyer waited until that was released and tried a different lender.

    Second one, I met the banks valuer and asked him what he thought, he said we needed one, I said we didn't, we walked round together and he went away saying he would read up, but no promises. We didn't get asked on this occasion. It was about 3 weeks after the guidance was updated to the valuation and the changes had obviously filtered through, but some lenders are slower than others.

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