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Flexible defects insurance keeps options open for build-to-rent schemes

30 Jul 2021
By Contributor
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Premier Guarantee consultant Michael Hobson
The UK’s build-to-rent (BTR) sector has grown strongly in recent years, with developers and investors drawn to attractive long-term returns. But the pandemic has created doubts about how people want to live and work.
Faced with uncertainty, it pays to have flexibility, which is what Premier Guarantee offers with its new latent defects insurance (LDI) policy, PRS Select. The offering provides not just a range of initial options but the ability to adapt as circumstances change.
Because the insurance certificate covers the building and not the owner, it is fully assignable, and adaptable if a BTR property is sold either as a whole or as individual units (see diagram). ....

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Persimmon and residents in row over Cote Farm development | Bradford Telegraph and Argus

Persimmon and residents in row over Cote Farm development | Bradford Telegraph and Argus
thetelegraphandargus.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetelegraphandargus.co.uk Daily Mail and Mail on Sunday newspapers.

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Basildon homeowners demand pay for fire safety measures

A FURIOUS homeowner is demanding developers pay for fire safety improvements with her flat covered in “highly flammable” cladding.
Jane Randle, 55, said she has been forced out of retirement in a bid to cover costs of replacing the cladding and balconies at her home in Morello Quarter, Basildon.
The flats were built by Weston Homes and met all standards required at the time. But the cladding is now considered flammable following the Grenfell fire tragedy.
Protest - Members of the public including Basildon resident Jane Randle against Weston Homes
Weston Homes have insisted the homes met regulations and said the firm no longer owns the freehold to the building. ....

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New hope in son's three-year house wrangle he says has 'destroyed' his family

New hope in son s three-year house wrangle he says has destroyed his family
It is good they finally admit I was right - but it won t give mum and dad back the years they should have had living together in peace - insurers offer to correct issues after wrangle
05:30, 9 MAY 2021
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A son who swore to his dying dad he would get justice over their nightmare new home has had the news he s battled to hear for more than three years - an admission there were issues with the build and urgent work is needed to put it right. ....

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'Leaking roofs, wonky floors and broken dreams' leaving home owners desperate to sell up

Leaking roofs, wonky floors and broken dreams leaving home owners desperate to sell up
One homeowner claimed they were forced to bring a wheelie bin into their bedroom to catch leaks
Updated
Leigh and Luke Dawson-Browne said their dream home turned into a nightmare from day one with all the issue and problems in the home at the Storeton Hall site, Wirral
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