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Secured lending valuation of properties in multi-storey, multi occupancy residential buildings with cladding RICS Professional Standard, UK, Effective from 1 November 2026 [Electronic]

By: Contributor(s): Language: English Series: RICS Professional StandardPublication details: London, May 2026, Royal Institution of Chartered SurveyorsEdition: 2ndDescription: 16pISBN:
  • 9781783215683
Subject(s): Online resources: Summary: This standard been produced to help valuers understand when an EWS1 form should be required due to visible cladding. Whilst specifically targeted at UK valuers, the guidance will be useful for all stakeholders involved in the buying and selling of residential properties with cladding. The development of this standard was supported with input from our expert group, comprised of industry professionals such as representatives from MHCLG; lenders such as Nationwide, Barclays and HSBC and; valuers from firms such as SDL Surveying, L&G Survey, Countrywide and e.surv. The second edition of this professional standard will also provide valuers with the proportionate criteria for identifying buildings where remediation work to cladding for fire safety purposes is likely to be required. It reflects the latest government legislation and best practice, as well as updates to RICS valuation standards: RICS Valuation – Global Standards: UK national supplement and RICS Valuation – Global Standards (Red Book Global Standards). As fire safety and robust valuation advice are critical public interest matters, this second edition will help ensure exceptional standards and professionalism amongst RICS members and valuers. Please note, this standard is not intended to be, nor should it ever be used as, a substitute for or part of a professional life safety fire risk assessment of any building. The EWS1 form is not a safety certificate and the fact that an EWS1 form is not required for a particular building does not mean that the building may not require some form of remediation in the future.Summary: Effective from 1 November 2026, supersedes 1st edition ISBN 9781783214143
Holdings
Item type Current library Call number Status
Online material Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) Available

This standard been produced to help valuers understand when an EWS1 form should be required due to visible cladding. Whilst specifically targeted at UK valuers, the guidance will be useful for all stakeholders involved in the buying and selling of residential properties with cladding.

The development of this standard was supported with input from our expert group, comprised of industry professionals such as representatives from MHCLG; lenders such as Nationwide, Barclays and HSBC and; valuers from firms such as SDL Surveying, L&G Survey, Countrywide and e.surv.

The second edition of this professional standard will also provide valuers with the proportionate criteria for identifying buildings where remediation work to cladding for fire safety purposes is likely to be required. It reflects the latest government legislation and best practice, as well as updates to RICS valuation standards: RICS Valuation – Global Standards: UK national supplement and RICS Valuation – Global Standards (Red Book Global Standards).

As fire safety and robust valuation advice are critical public interest matters, this second edition will help ensure exceptional standards and professionalism amongst RICS members and valuers.

Please note, this standard is not intended to be, nor should it ever be used as, a substitute for or part of a professional life safety fire risk assessment of any building. The EWS1 form is not a safety certificate and the fact that an EWS1 form is not required for a particular building does not mean that the building may not require some form of remediation in the future.

Effective from 1 November 2026, supersedes 1st edition ISBN 9781783214143