With the events of the past few years exposing safety issues in blocks of flats, it's no surprise that building managers are under scrutiny. When coming to manage a block of flats, you may have some questions about safety and what kind of insurance you should be taking out. Read on to find out more about insurance for blocks of flats and the kind of risk management practices you should be carrying out.
Articles in Category: Block of Flats
If you’re thinking of joining over 25,000 current Estate & Letting Agents across the UK by setting up your business then you’ll no doubt have spent months meticulously planning and preparing for launch.
From location to web portals, to marketing and back office systems, there is a huge amount to consider – however one key area which is often overlooked until the last minute is Business Insurance. This might not be the most exciting subject, but without the correct protection, you could leave your new business exposed to financial ruin.
Typically, a residents association is established by a group of property owners or tenants in a block of flats who act with the best interests of all the flat owners or leaseholders in mind. The association will deal either deal directly with the property owners managing agent or alternatively manage the freehold for the group.