In July, a tenement building on the southside of Glasgow, on the corner of Kenmure Street and Albert Drive, collapsed. The building had been badly damaged by fire in 2020, so was already lying derelict and fenced off from the street before the incident. Thankfully, nobody was injured, but people living in the neighbouring flats …
Read more >Recent findings from a surveyor firm underlined a concerning issue in the UK’s property insurance landscape. It highlighted that a significant number of property insurance policyholders (approximately 82% for residential properties) may be at risk of ‘underinsurance’[1]. An additional report conducted by the surveyor firm Barrett Corp and Harrington echoes these concerns. Their statistics reveal …
Read more >Individual owners of tenement flats are obliged by law to have adequate common building insurance in place. Not having insurance places a liability on the owner to pay costs for damage to the property from their own funds, even if it’s not their fault. In the current cost of living crisis, insurance may not be …
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