Skip to main content

Want to take over the management of your building?

Our E-Learning platform has modules for leaseholders looking to manage their own building using a RTM company.

Find out more here

How is Government helping leaseholders and residents with mortgage and insurance issues?

On 18 December 2023, UK Finance and the Building Societies Association issued an update to this joint statement. The statement clarifies which mortgage lenders will lend on properties with building safety issues.

These are: Barclays, HSBC, Lloyds Banking Group, Nationwide, NatWest, Santander, Skipton Building Society, TSB and Virgin Money. They have confirmed they will lend on buildings in England 11m+ in height that:

This is a significant step forward and will enable thousands of leaseholders in homes with building safety issues to move on with their lives.

To help you understand your rights and whether you qualify for leaseholder protections, the Government has produced a Leaseholder Protections Checker and detailed guidance.  The Checker uses information from leaseholders to work out the maximum amount they may be charged under the new protections in the Building Safety Act.

Those that the protections apply to will need to complete and submit a leaseholder Deed of Certificate to their freeholder who will confirm if they have to pay any money or not.

More information you might find useful:

Still not found the answer?

Contact LEASE to have your enquiry dealt with by one of our experienced advisers.

LEASE is governed by a board, appointed as individuals by the Secretary of State for the Department for Levelling Up, Housing & Communities.