Wanting to lower costs, one area to cut back on is the cost of reinstatement cost assessments – hence rise in popularity of ‘desktop’ RCAs.
Browsing: Insurance
It’s your responsibility to choose an accurate, full coverage policy that will pay out correctly should the worst happen.
As an RMC Director, Property Manager or Right to Manage Company, you will be on the front line for service charge enquiries. Residents are likely to be receiving higher bills than usual, largely due to insurance costs. Buildings Insurance is often the highest cost listed on the service charge breakdown and prices are creeping up and up.
When it comes to insurance, it’s no secret that premiums have been creeping up in price.
The Cladding Crisis is a multi-faceted issue with safety and financial concerns front and centre.
Index Linking (also known as Indexation) is “the adjustment of an asset’s value to reflect inflation and deflation”.
Zoe Davenport, Appraiser for BCH and leaseholder, writes with a unique perspective on the issue of premiums and insurance valuations.
Belinda Thorpe at Residentsline, explains our Roads and Private Estates cover for those in need of a bespoke quote for their gated block.
Here are some examples of common disputes that arise when RMC directors face claims brought against them by their fellow residents.
The risks of floods may not spring to mind when you think about the issues you may face when managing or living in a block of flats.