Consultants still unable to value housing blocks despite EWS1 reforms

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Savills and JLL say a lack of robust information from landlords on cladding is bedevilling attempts to get market moving

Two of the largest UK property consultants have warned that they remain unable to value many housing blocks in the wake of the cladding crisis, despite recent reforms to the EWS1 process for assessing fire safety.

A joint statement by Savills and JLL issued yesterday welcomed the recent move by the RICS to reform the EWS1 assessment which lenders and insurers have been using to ensure housing blocks are fire-safe.

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