Darren Bagnall from Flat Living Insurance looks at the recent changes to leasehold legislation. With recent legislation changes announced by the Government, and rebooted Financial Conduct Authority guidelines coming into play, it’s all change for 2024. From the new year, leaseholders will be better protected, better informed, and better enabled to challenge poor practise. Here …
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What is Fair Value and What Does it Mean for You From 31/12?
Darren Bagnall from Flat Living Insurance looks at what ‘fair value’ is and what it means for you from 31st December 2023. There’s a new world on the horizon for the residential buildings insurance industry. From 31st December 2023, the Financial Conduct Authority has updated its rules surrounding the treatment of leaseholders across the sector. …
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A Guide to Preventing Frozen Pipes
Darren Bagnall from Flat Living Insurance provides some guidance on preventing frozen pipes as winter approaches. Winter is round the corner and the fear of frozen pipe season is getting real. Most people will have dealt with or know someone who has dealt with the fallout from a frozen pipe that has burst. It is …
Community-Building Initiatives: Strengthening Relations to Prevent Disputes
Darren Bagnall from Flat Living Insurance explores community activities for a positive living environment and less resident conflicts. When you’re managing a residential block of flats, you will inevitably need to mediate a neighbourly dispute or two. It’s almost inevitable, what with neighbours living floor to ceiling and sharing common spaces. But what can you …
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What are Major Works?
Darren Bagnall of Flat Living Insurance gives us an insight into what major works are and the processes involved. It’s important for residents and managers of leasehold blocks of flats to understand major works and the Section 20 procedure that must be followed when high-cost maintenance or improvements are carried out. Here we’ll be explaining …
What Does “Share of Freehold” Mean?
Darren Bagnall of Flat Living Insurance explains more about ‘share of freehold’ and what it means. Recent leasehold reform is making it simpler and more financially achievable for leaseholders to buy a share of their freehold. If you’re an existing leaseholder and would like to know more about what buying a share of the freehold …
Conflict Resolution and Mediation: Nurturing Healthy Relationships in Block of Flats
Darren Bagnall of Flat Living Insurance discusses how to nurture healthy relationships in blocks of flats through conflict resolution and mediation. Harmonious communal living requires everyone involved to actively nurture healthy relationships. Great property managers will treat this as a priority. Living in close proximity with others increases the likelihood of conflict between you and …
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Right To Manage – Are You a Good Fit?
Darren Bagnall of Flat Living Insurance discusses the challenges of Right to Manage. Property Management is well known for being a challenging, multi-faceted role- and that’s for the professionals. When leaseholders choose to proactively take charge and volunteer to manage their own buildings, they must carefully consider the scope of the role involved. Here we’ll …