questionText: To ask the Chancellor of the Exchequer, what estimate she has made of the number of leasehold flats containing combustible material with higher insurance costs that will be classified as permanently impaired under the Basel 3.1 requirements; and if she wi
answerText: We understand the question relates to regulatory requirements for property valuations under Basel 3.1.There are several changes in the Prudential Regulation Authority’s (PRA) implementation of the Basel 3.1 standards that are relevant to mortgage valuatio...
heading: Flats: Home Insurance