Owners unable to sell their flats because of unsafe cladding will soon see the end to years left in limbo.
From January 9th, six major banks will scrap their ban on lending on hundreds of thousands of medium to high-rise homes deemed a fire risk.
Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander will consider mortgage applications on buildings in England more than 11m (36ft) tall which have the cladding.
Lenders have loosened restrictions after guidance from the Royal Institute of Chartered Surveyors on how to value such properties. Borrowers will need to prove that removal of the cladding will be covered by the developer, a Government scheme or leaseholder protections.