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<p>HM Treasury would not routinely assess banks’ exposures to mortgages in the UK
on properties with potentially combustible cladding.</p><p> </p><p>Lenders account
for exposures to potentially combustible cladding by developing their own policy based
on a number of factors including their individual risk appetites and lending policies.</p><p>
</p><p>It is also worth noting that lenders have agreed that existing borrowers living
in properties with potentially combustible cladding, who are not looking to borrow
additional funds, should be able to arrange a product transfer with their existing
lender.</p><p><strong> </strong></p>
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