The newfound responsibilities and decision-making power granted by comprehensive leasehold reform to today’s leaseholders.
Author: Residentsline
Residentsline
At Residentsline, our flats insurance policies are tailored to your needs; created for all sizes and types of blocks of flats and apartments. Our insurance cover also includes the option to include directors and officer’s liability insurance, terrorism insurance, lift cover or legal expenses protection as part of your policy or as a separate policy if desired. Residentsline | 0800 281 235 | [email protected]
As the Financial Conduct Authorities new regulations with regards to multi-occupancy residential buildings insurance come into effect, leaseholders will be given new levels of clarity. The new rules kick in from 31st December 2023 and bring with them a few positive changes for UK leaseholders. Here we’ll be focussing on…
As we approach the colder months, it’s time for flat owners to shift their focus to winter preparations. Concerns about heating, potential leaks, and dampness become top priorities. To ensure you’re ready, here’s a reminder of proactive steps you can take to safeguard your flat during the winter season. Heating…
The Residentsline team is elated to announce their successful fundraising effort during their recent Macmillan Coffee Morning The event, a delightful gathering filled with coffee and cakes, brought together team members and supporters of Residentsline. Happening on the 29th September, they were all dedicated to making a positive impact in…
Valuable insights and practical advice from Residentsline on how flat owners can take proactive measures to prevent disputes. Prevention is always better than the cure. This old adage is absolutely correct when it comes to leasehold living. Neighbours living side by side (and head to toe) in residential blocks of…
Carrying out substantial works on or in blocks of flats for the purposes of essential maintenance, large-scale improvements or safety compliance can be a complicated and time-consuming task. Following the right procedures according to the lease and the section 20 consultation should ensure the avoidance of any legal challenges, and…
Multiple-occupancy buildings need varying cover depending on their construction, the number of flats and the amenities involved as well as the usual factors such as building age, current safety measures and location. Navigating the intricacies of this business is best entrusted to the experts. However, as a freeholder, understanding the…
Navigating the Underwriting Process: Finding the Right Policy for Our Customers, ensuring that their policies meet their needs and budget.
Following their government-requested review, the Financial Conduct Authority is proposing “new rights and protections for leaseholders to improve the transparency of the multi-occupancy leasehold buildings insurance market.” They are proposing a change in the rules so that leasehold residents will be defined as ‘customers’ when it comes to their buildings…
Recently there has been much discussion around changes to the leasehold sector, and whether they spell the end of leasehold altogether.