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

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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.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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It's much worse for the thousands that can't sell and need to move for various reasons, many of them to do with life changes. I have been trying to buy since March, and can't get a mortgage without EWS1. I feel I'm on the luckier side of a very bad situation...

This should be on mainstream news bulletins now. It’s that big

this is great coverage of the problem we are facing but throw in crippling service charges, waking watch costs and 10s of 000s in potential remediation charges until a EWS1 is given. Bankrupting a generation and yet RobertJenrick ignores us EndOurCladdingScandal

Can`t feel too much sympathy for someone who is stuck after remortgaging their home three times.

Lol brilliant 🤣

Of course they can sell - its that they cannot sell at the price they want. Tough!

didn't stop them buying in the first place

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