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Lending criteria

Cladding

Where the valuer has requested an EWS1 form due to the cladding being present on the property the following guidance will apply.  

A completed EWS1 form will be required from a member of a relevant professional body, along with a covering letter on headed paper which will confirm they are suitably qualified. This will then be assessed by our underwriters. 
 

If an EWS1 form is not available for a new build property a letter from the developer can now be accepted. This is subject to the letter being on a headed letter with the developer’s company details clearly present. The letter must confirm that the property is being built in accordance with the Building (Amendment) Regulations SI 2018/1230 and/or, that there are no materials included in the building of the flats that would cause an EWS1 form to be unsuitable.