Cladding Remediation Programme: factsheet
Information for homeowners and residents about the Cladding Remediation Programme.
Mortgage lending and insurance in Scotland
Mortgage and insurance on multi-residential properties with unsafe cladding
Mortgage lending and insurance is a reserved matter to UK Government, and we are engaging with the UK Government to help address the issues and implications on the financial wellbeing experienced by homeowners in Scotland.
We are committed to working with the mortgage lending and insurance industry to assist in their understanding of the Single Building Assessment and Cladding Assurance Register. We continue to engage with the mortgage lending and Insurance industry to understand further their approach to risk based decision making in Scotland.
The Cladding Assurance Register should support mortgage lending and insurers in better understanding the risks associated with multi residential cladded properties in Scotland. This information will contribute to a clearer picture of risks and reduction in risks post remediation which should help to address any underlying building safety concerns from the industry.
EWS1 form
External Wall System, (EWS1) forms were created by the UK finance and mortgage sector (RICS, UK Finance, BSA). In Scotland, there is no statutory requirement for EWS1 forms, and the Scottish Government does not issue or endorse them.