Lenders free up loans on properties 5 storeys and higher

Lenders will consider mortgage applications on flats in buildings in England over five storeys (or, 11 metres) from next month, according to a statement from key mortgage lenders and the Royal Institution of Chartered Surveyors released today. The move means that from 9 January lenders have agreed to grant […] Click here to view original…

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Lenders free up cladding rules on flats 5 storeys and higher

Lenders will consider mortgage applications on flats in buildings in England over five storeys (or, 11 metres) from next month, according to a statement from key mortgage lenders and the Royal Institution of Chartered Surveyors released today. The move means that from 9 January lenders have agreed to grant […] Click here to view original…

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Six big UK banks to start lending on flats with cladding

Ae tower block in Salford that had exterior cladding removed in the wake of the Grenfell Tower fire. Six of the UK’s largest banks will start lending on medium and high-rise flats with cladding from January, in a move that could help thousands of people stuck in properties they […] Click here to view original…

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