Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, if his Department has made an assessment of the impact of ESW1 certificates on a leaseholder's ability to (a) sell their home and (b) re-mortgage.

In December 2022 major lenders committed to lend on properties subject to remediation or where leaseholders held statutory protections under the Building Safety Act, subject to normal lender policy requirements. This is supported by new valuation guidance from the Royal Institution of Chartered Surveyors (RICS) which enables the valuation of buildings with building safety issues. We continue to liaise with the industry to understand the progress that is being made.