Property

Friday 28th October 2022
Minimising the risk of water damage in high-value properties

Escape of water is not something that most homeowners think about until it happens to them. It is not reported in media in the same way as flooding, but the damage caused can be similar. The larger the property, the greater the danger of a problem going undetected.

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Tuesday 4th October 2022
New fire safety insurance clause protects high-rise cladding repairs

The International Underwriting Association (IUA) has published a new fire safety insurance clause that insures cladding work completed under the government’s Building Safety Fund. The IUA, in collaboration with the Department for Levelling Up Housing and Communities (DLUHC), created a wording that protects against fire risks. The clause covers work completed under the government’s £4.5bn Building Safety […]

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Tuesday 20th September 2022
Protecting your property from a flood

The change in weather patterns increases the risk of flooding in the UK. Flooding is now the most widespread natural disaster in the UK. With losses suggested at around £958m a year, the Association of British Insurers (ABI) and Flood Re recently underlined the importance of maintaining flood defences.   Since 1998 there has been at least one […]

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Monday 12th September 2022
Why are property owners’ insurance premiums rising?

With the UK inflation rate hitting a 40-year high of 10.1%, the risk of underinsurance has rarely been higher. Insurers base property premiums on the rebuilding cost of properties, which is set to increase until at least the end of 2022.   According to the Building Cost Information Service (BCIS) Materials Cost Index, the cost […]

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Tuesday 10th November 2020
Leaving your property vacant

Winter is coming”¦ With the recent news, you may have found yourself having to close the office or your commercial property. If your premises are going to be vacant for an extended period of time over the winter months, there are some important factors you might want to consider: Leave your heating on a low […]

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