Cladding issues

Category: RMBS Secondary markets

Previous Story       Next Story

Fire-safety requirements to have 'marginal' impact on RMBS

DBRS Morningstar has investigated the pervasiveness of the impact on UK mortgage borrowers of cladding on high-rise apartment blocks, following the Grenfell Tower fire in June 2017. The study is based on an analysis of 64 securitised UK mortgage portfolios, comprising 670,000 loans.

“Fallout from the Grenfell fire tragedy continues to be felt by tenants and leaseholders across the country.

Already registered?

Not yet registered? Join today to access SCI Content.