Blog

Deposit disputes prevented through word of mouth

September 21, 2015 Property Owners

With the Tenancy Deposit Protection scheme having been introduced in April 2007 to “enable landlords and agents to comply with the law”; new information has come to light demonstrating the benefits of greater communication between landlords and tenants.

The research presented by my|deposits (the company appointed by the government with the task of operating the Tenancy Deposit Protection scheme in ’07) have shown that due to greater communication between landlords and tenants fewer disputes have proceeded to a formal Alternative Dispute Resolution judgment by the scheme, in fact in the last year alone 30.1% of notified disputes did not lead to adjudication. Read More

Landlords face filth at end of tenancies!

September 14, 2015 Flat Insurance

New information has surfaced showing that landlords are increasingly being left with grimy properties at the end of their tenancies. The report conducted by propertyletbyus.com a leading online agent, has unveiled that nearly one third of landlords face filthy ovens upon departure, followed by stained carpets and floor coverings (22%). In addition to this, the study which included over 500 landlords has also highlighted how over 60% of landlords are left with heaps of garbage from the tenants in the sheds, garages even the lofts. Read More

Block of Flats Insurance – What you need to know!

June 10, 2015 Property Owners

This is usually the job for a property management company or a committee for the block. Dependent on the size of the block of flats it is crucial to find the right insurer who will cover all of your needs. Insuring a block of flats should be pretty straight forward, but there are a few minefields which certain brokers will leave out. Read More

Fines for HMO in state of disrepair

June 4, 2015 HMO Property Insurance

A landlord in oxford has received fines of £4500 for renting out a House of Multiple Occupation (HMO) that was found to be in a state of disrepair and unlicensed.

After being prosecuted for running the HMO Jeffeth Junior Latchman appeared before the oxford magistrate’s court. Concerns over the living conditions at and the maintenance of the property were raised when one of the tenants contacted the city council which in turn became an official complaint. Read More

Change of licensing scheme

June 2, 2015 Commerical Property Insurance

A judicial review called to by landlord constantinos regas, challenging Enfield borough councils planned selective licensing scheme, has been upheld, blocking the councils plan to roll out licensing in April 2015. The national landlord association welcomed the news slamming the councils approach as “blasé”. Read More

Demolition Contractors Public Liability Insurance

May 19, 2015 Goldcrest Insurance

Demolition insurance is categorised under the header of high risk liability insurance. This is for the obvious reason that much of the works can cause damage to third party premises, to employees or members of the public. Not only this, but if you do not have the correct cover in place, or the right amount of cover it can cause huge losses for the insured.

Insurance for soft strip demolition is again thought of as high risk but not under the same category as full demolition. Soft strip usually entails just the internal strip out of a commercial premises or a residential unit. Read More

Council Regulations for Homes in Multiple Occupation

May 7, 2015 HMO Property Insurance

Many landlords are turning to HMO properties nowadays in order to maximize their return on their buy to let investments.

The reason is that many bog standard semi-detached properties you can turn into a 5 bed HMO with minimal fuss. This therefore means that instead of getting just one rental for the property you get 5 !!! Read More

Professional indemnity for Accountancy Start-up Companies

April 24, 2015 Commercial Insurance

Getting professional indemnity for your new accountancy firm is vital for you in order to actively trade, but it tends to be one of those tasks that gets left to last minute and turns into a mad rush to obtain the policy you require!

Standard procedure is to fill out a proposer form provided by the broker, then wait for terms/a quotation to be sent to you by return – but what happens when you’re still waiting, and waiting. If you’re in the boat, like many others (don’t worry!) where you have left it till late to get your professional indemnity, time becomes of the essence and if that’s been additionally consumed on waiting it can leave you hot under the collar. Read More

HMO Property Portfolio Insurance

April 20, 2015 HMO Property Insurance

Many providers out there claim to offer you the earth when it comes to insuring your properties – “we’ll match or better any rate” often gets branded about, this all sounds well and good until you take them up on your offer, get to the quotation stage and find out that because your property falls outside their “normal” requirements/criteria, this offer is not applicable to you, wasting your time and energy! Read More

Unoccupied Commercial Property Insurance

April 14, 2015 Commerical Property Insurance

Unoccupied commercial property can often be a shrewd investment opportunity to either refurbish for sale or let, or in most cases to convert into residential.

We can accommodate both of these scenarios; so once you obtain the relevant planning permissions, you’ll need to speak to us (hopefully) about insuring the property. Read More