Author: Tom Wood | Date: 13/01/2023
Categories: General
With news of floods and storms making the rounds, it’s a perfect opportunity for us to remind clients of the risk of escape of water. Escape of water represents a large proportion of property claims, with insurers delivering £2.5m of assistance each day. Water can travel long distances and go undetected for some time, meaning even minor escapes have the […]
Author: Tom Wood | Date: 06/01/2023
Landlords with commercial properties with an EPC energy rate of ‘F’ or lower in their portfolio need to act fast. From April 1, 2023, it will be illegal to rent these out. On that date, the latest Minimum Energy Efficiency Standard (MEES) ruling comes into force, applying new minimum standards in England and Wales, to both continuing/existing leases and new […]
Author: Tom Wood | Date: 23/12/2022
Inflation is dominating this winter’s headlines, adding to a perfect storm created by the Russia-Ukraine crisis, rising energy costs, Brexit, COVID-19 and supply-chain issues. In the property sector, there are particular implications springing out of the economic and political turmoil and its impacts on goods and labour costs. Whether you are a landlord, own a commercial property from which you […]
Author: Tom Wood | Date: 16/12/2022
Categories: General
Dark clouds will be gathering as winter rolls in, and some will hover over insurance claims, rather than announcing the arrival of the latest ‘named’ storm. There is a stark bad-weather warning for all commercial property owners to heed. Ensure your policy takes the same view of a storm claim as yourself, or your claim could be repudiated. The definition […]