EDM: EWS1 forms and market disruption

EWS1 forms and market disruption

Tabled by Dr Al Pinkerton (Liberal Democrat) 16 signatures

The motion

That this House expresses deep concern over the systemic failures of the EWS1 assessment process, which have left thousands of leaseholders in financial limbo; notes reports that Adam Kiziak, owner of Tri Fire Ltd, has been sanctioned for failing to hold adequate professional indemnity insurance, having undisclosed prohibitive exclusions, failing to meet professional competency standards and breaching the ethics code regarding accuracy and diligence; further notes that major lenders, including Nationwide, NatWest and HSBC, are now refusing his assessments, blocking property sales and causing financial distress; highlights the case of affected residents in Surrey Heath constituency and the broader national implications of this scandal; calls on the Government to launch an urgent fraud investigation, convene an emergency meeting with industry stakeholders to restore confidence in EWS1 assessments and commission an independent inquiry into regulatory failures; and urges immediate action to protect leaseholders from further injustice.

Signatories (16)