FAQs

Insurance and Leasehold implications for Blocks of Flats Recent years have seen the advent of a number of on-line facilities that expedite the short term letting of residential property and these facilities are becoming increasingly popular. There are a number of considerations however if you are thinking of letting your property on this basis. Residential […]

The simple answer to the question “what is my buildings sum insured?” is the cost of rebuilding as new, not its market value. The building should be insured for reinstatement purposes which is simply the cost of rebuilding a similar property as new. The building sum insured needs to include cost of making the site […]

Terrorism Insurance For Flats – Some Clarity At Last? Some certainty has been brought to anyone arranging buildings insurance for a leasehold block of flats following a recent determination, in respect of terrorism, by the Upper Tribunal (Lands Chamber) in the case of Qdime Ltd and (1) Bath Building (Swindon) Management Company Ltd (2) Various […]