Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Housing, Communities and Local Government, what discussions he has had with UK Finance on the correlation between his Department’s issuing of cladding guidance and properties being given a zero-value for mortgage purposes by valuation surveyors.
Building safety advice for building owners, including fire doors, published in January 2020, provides the latest advice for building owners concerned about the fire safety of their building/s. It is not a compliance document for mortgage lenders. Government is continuing to engage with industry representatives, including UK Finance, to understand approaches to risk.