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Low Rise Flat Mortgage Valuation
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RabbitHutchPainter
Posts: 4 Newbie

I want to re-mortgage my low rise flat in Central London, but the mortgage valuation was zero pending "the building owner
and/or its agent as the "responsible person" under the Regulatory
Reform (Fire Safety) Act 2005, must produce a written statement, prepared by a
suitably qualified independent professional advisor who is a member of one of
the professional body approved by the Minister of Housing, Communities and
Local Government (MHCLG) in Information note 1 (or any subsequent approved
list), confirming that the current property meets the requirements of the
current guidance from MHCLG dated 20 January 2020"
The flat is brick with a small section of what I would call flashing but what the valuer called potential cladding under the eaves. When I contacted Managing agent they refused to produce this statement as the building is lower than 18m and they have no documentation showing that the building contains combustible material. I feel stuck in the worst of all worlds, if the building was higher than 18m they might actually do something about it.
Has anyone had a similar experience? or conversely has anyone dealt with a lender who has taken a more reasonable view on their low rise block in the last few months?
The flat is brick with a small section of what I would call flashing but what the valuer called potential cladding under the eaves. When I contacted Managing agent they refused to produce this statement as the building is lower than 18m and they have no documentation showing that the building contains combustible material. I feel stuck in the worst of all worlds, if the building was higher than 18m they might actually do something about it.
Has anyone had a similar experience? or conversely has anyone dealt with a lender who has taken a more reasonable view on their low rise block in the last few months?
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