Author: Flat Living Insurance

With recent legislation changes announced by the Government, and rebooted FCA guidelines coming into play, it’s all change for 2024.

There’s a new world on the horizon for the residential buildings insurance industry. From 31st December 2023, the Financial Conduct Authority has updated its rules surrounding the treatment of leaseholders across the sector. Their rules mean that leaseholders will now be treated as a ‘stakeholder’, and as such, insurers, intermediaries,…

Winter is round the corner and the fear of frozen pipe season is getting real. Most people will have dealt with or know someone who has dealt with the fallout from a frozen pipe that has burst. It is a nightmare all-round and can be extremely expensive and disruptive to…

Flat Living Insurance team explores community activities for a positive living environment and less resident conflicts. When you’re managing a residential block of flats, you will inevitably need to mediate a neighbourly dispute or two. It’s almost inevitable, what with neighbours living floor to ceiling and sharing common spaces. But…

It’s important for residents and managers of leasehold blocks of flats to understand major works and the Section 20 procedure.

Recent leasehold reform is making it simpler and more financially achievable for leaseholders to buy a share of their freehold. If you’re an existing leaseholder and would like to know more about what buying a share of the freehold of your building may entail, this article is for you. Freehold…

Harmonious communal living requires everyone involved to actively nurture healthy relationships. Great property managers will treat this as a priority. Living in close proximity with others increases the likelihood of conflict between you and your neighbours- and leasehold ownership means sharing a building with multiple residents. Complicated leases can also…

Property Management is well known for being a challenging, multi-faceted role- and that’s for the professionals. When leaseholders choose to proactively take charge and volunteer to manage their own buildings, they must carefully consider the scope of the role involved. Here we’ll be discussing the challenges of the role, the…

2023 is a tricky but hopeful year for leaseholders. What does lease extension entail and how Michael Gove’s proposals may affect the sector.

Here we’ll be detailing the new responsibilities as well as providing a reminder of the other vital safety measures that should be in place to ensure the wellbeing of your residents and the security of their investments when it comes to fire safety.