Leaseholders who want to sell, re-mortgage or staircase

In many cases we’re finding that mortgage lenders are asking for EWS1 forms for any transaction, even when the building is less than 18 metres tall. This is causing problems for the leaseholders involved because EWS1 forms cannot be completed on buildings under 18 metres tall.

Unfortunately, while this situation continues, in many cases it may not be possible for affected leaseholders to re-mortgage, staircase or sell their homes.

This is a nationwide issue which is now affecting thousands of leaseholders. We know this includes some of our own leaseholders, and we are sorry for the upset and frustration that this must cause.

If you are concerned that your ability to re-mortgage, staircase or sell your home might be affected by these changes, please seek advice directly from your lender or mortgage broker.