EWS1 forms apply to the whole building and are arranged by the building owner. Individual leaseholders are not able to purchase or arrange EWS1 surveys. EWS1 certificates are valid for 5 years.
The RICs website gives further information for leaseholders who are concerned about:
- Certificates being re-issued with a changed rating
- NIL valuations
- Height of buildings and where an EWS1 is required
- Who is responsible for obtaining an EWS 1 certificate
- Who can sign an EWS1 certificate
This an example EWS1 certificate.
You may be able to sell a leasehold apartment without a current EWS1 certificate, where the buyer does not require a mortgage.
However, buyers may seek a substantial reduction compared to any previous market value of the apartment.