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<p>The Royal Institution of Chartered Surveyors (RICS) designed and implemented the
External Wall System form (EWS1) in conjunction with mortgage lenders to assist in
the valuation of high-rise residential buildings for mortgage purposes, and high-rise
residential buildings include those provided by housing associations. Not all lenders
request an EWS1 form, and the Government does not support a blanket approach in EWS1
use for lower risk properties. We are working with mortgage lenders to support a more
pragmatic approach in their valuation of homes within multi storey residential buildings.
We are encouraging lenders to accept a broader range of evidence to assure themselves
of a build’s value. The Department also discussed these challenges with Housing Associations,
and has frequent meetings with the insurance industry, including on the availability
of insurance for professionals undertaking this work.</p>
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