Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Housing, Communities and Local Government, when he plans to hold a roundtable meeting with mortgage lenders to discuss mortgage valuations on properties under 18m; and if he will make a statement.
The Minister for Fire and Building Safety held a roundtable with mortgage lenders on Thursday 25 June, where they were pressed to consider a more proportionate approach to mortgage valuations on properties under 18 metres. The lenders present confirmed that they had, or were, reviewing their policies and guidance to valuers.