To ask Her Majesty's Government what assessment they have made, if any, of how much property values for individual properties in high rise blocks have been affected following initial risk assessments in the light of action taken as a result of the Grenfell Tower fire; and what steps they planning to take to protect home owners.
Answered on
25 February 2020
The Government is aware that concerns about building safety are leading to delays in valuing some properties for mortgage finance. The Government is engaged with the mortgage industry and is supporting their work in addressing the delays.