How the Building Safety Act Affects Leaseholders in Flats and Apartments Sinead Campbell from London Flats Insurance provides an in depth look at how the Act affects leaseholders, outlining key rights and responsibilities, the impact on property values and compliance timelines. The Building Safety Act 2022 is a landmark piece of legislation. Introduced in the
Leaseholders and Insurance Transparency: Did 2024 Bring Greater Clarity on Premiums and Commissions? 2024 has been a big year for the insurance industry. With so many regulatory and legal updates affecting the leasehold sector, insurers for residential blocks have been kept on their toes. Sinead Campbell from London Flats Insurance discusses the progress made this
Navigating the Right to Manage Application Process Sinead Campbell from London Flats Insurance, provides a step-by-step guide to help leaseholders navigate the process effectively, ensuring a smooth transition to RTM. For leaseholders struggling with poor management or financial concerns, exercising the Right to Manage |(RTM) can be a great option. The process is relatively straightforward,
The Impact of Regular Cleaning and Maintenance on Leasehold Property Values Sinead Campbell from London Flats Insurance discusses how keeping on top of cleaning and general maintenance can go a long way to preserving or even increasing the value of a leasehold property. Property values are influenced by some universal factors: size, location, state of
Understanding the Difference Between Market Value and Reinstatement Cost Sinead Campbell from London Flats Insurance, provides an insight into the difference between market value and reinstatement cost when it comes to insurance. There seems to be a lot of confusion between these two terms. We even hear them being used interchangeably- but they’re very different
Regulations and Compliance in Major Works for Blocks of Flats Sinead Campbell from London Flats Insurance discusses what the Section 20 process entails, under what circumstances it can be avoided, and the consequences for non-compliant landlords. Major works can be expensive and disruptive, with far-reaching effects on your own investment and the desirability of the
Understanding Fire Risk Assessments for Blocks of Flats Sinead Campbell from London Flats Insurances provides an insight into fire risk assessments from an insurance perspective. As a critical component of maintaining safety in blocks of flats, fire risk assessments help to identify and rectify any potential fire hazards. They ensure that appropriate safety measures are
Understanding Insurance Requirements for Listed Buildings Sinead Campbell from London Flats Insurance explains what information you’ll need to gather for your broker and what to look out for in a potential policy. For owners of listed buildings, insurance can get a bit tricky. As a vital part of the UK’s cultural heritage, these buildings are
Addressing Noise Pollution in Flats and Apartments Sinead Campbell from London Flats Insurance discusses the work-arounds residents can use to combat noise disturbances, as well as how resident management companies can support their leaseholders in this area. While city-living is a great option when it comes to convenience, settling down amid the hustle and bustle
A Timeline of Leasehold Reform Sinead Campbell from London Flats Insurance outlines the changes that have been made in the leasehold sector from 2017 to now, with a short and sweet explanation of each alteration to bring you up to date. With endless discussion among decision makers and seemingly endless legal updates, we thought a