Choosing between a desktop and onsite reinstatement cost assessment is about more than convenience. It is about protecting your block, fulfilling your legal obligations, and ensuring financial peace of mind.
Browsing: Insurance
Stay ahead with timely surveys, professional advice, and a solid understanding of when to act. It is the best way to protect your leaseholders, your building, and your peace of mind.
If your block’s reinstatement cost assessment (RCA) or insurance valuation has not been updated in the last few years, it may no longer reflect current rebuild costs.
Insurance should be a safety net, not a gamble. Make sure your policy is built on solid foundations, not outdated assumptions.
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.