Insurance should be a safety net, not a gamble. Make sure your policy is built on solid foundations, not outdated assumptions.
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For Residents’ Management Companies, Right to Manage companies, and freeholders, the obligation to insure a leasehold property correctly is a legal duty.
Managing a block of flats as a Residents’ Management Company, Right to Manage Company, or Residents’ Association is not without challenges.
Leaseholders residing in listed buildings face unique challenges when it comes to securing the right insurance.
Structural degradation, environmental threats and the skills required to repair any damage all pose an issue for property owners.
For residential blocks that provide their residents with parking, the installation and management of EV chargers is an inevitability.
Maximising outdoor spaces is a great way to add value to a residential block, attract new residents and boost current resident satisfaction.
To ensure compliance with insurance regulations and to reduce breakdowns, effective maintenance is essential.
Under UK law, there are specific legal obligations to ensure that communal areas are safe, accessible and properly insured.
The need for employers and public liability coverage, especially regarding private roads and gated communities.