Specialist risk brokerage, London Belgravia has created a panel of qualified surveyors that offers the EWS1 certification process
Recognising that nearly half of its client base could be impacted by EWS1 issues, the specialist risk brokerage reached out to its longstanding and trusted networks of surveying partners to formulate a solution for its clients.
In some instances, the EWS1 certification process could be complete within ten working days from commitment.
The project is being spearheaded by insurance and property expert, Tomek Stabrawa.
Since its introduction, London Belgravia has successfully helped their clients secure the service on dozens of projects, and many on tight timeframes as completions were imminent.
‘Helping clients navigate this challenge’
Tomek commented: “EWS1’s have changed the landscape for mortgage applications with many developers not knowing of potential issues until exchange approaches.
“The expectation is that more lenders will require a clear EWS1 form for all building above 18m with some requiring this for buildings below 18m too – this is likely to include all multi-storey and multi-occupancy buildings in time.”
London Belgravia’s commercial director, Jack Bristow, added: “We were quite conscious about launching another service following the recent introduction of our finance and renewable insurance divisions.
“However, given the number of developers we work with that have EWS1 exposure, it quickly became apparent it was necessary for us to help clients navigate this challenge – I’ve been delighted by the timely manner in which we have been able to find an appropriate solution.”
If you have a requirement or wish to speak with a member of the London Belgravia team call 020 3701 0422 or get in touch here.