Browsing: Insurance

Throughout 2024, BCH Ltd has observed continued pressure on the flats market, with leaseholders facing rising costs in most areas.

Here we will be recapping how the new landscape has shaped the insurance market, covering the Building Safety Act, EWS1 forms, fire safety and remediation works, as well as the effects of the “Golden Thread”.

Many of the changes made this year have put great emphasis on fairness, transparency and clarity for leaseholders.

How right to manage affects your building insurance and what leaseholders should consider when securing or changing their insurance policy.

Ensuring compliance with lift insurance regulations, effective maintenance is essential to reducing breakdowns and avoiding accidents.

Find out more about reinstatement cost assessments, how to make sure yours is correct, and how they’re utilised by the insurance industry.

There seems to be a lot of confusion between these two terms. We even hear them being used interchangeably- but they’re very different figures, used for very different purposes.

This article will explore the potential legal and financial implications that can arise if a property is damaged beyond repair.

The overall condition of a block, along with its planned maintenance and inspection schedule, play a crucial role in determining the coverage and premium of the required buildings insurance policy.

Here we’ll be discussing why, and how, to avoid the pitfalls of securing appropriate insurance coverage for your block.