Latest property news
What would a liability claim mean for a property business?
Property agencies can face a variety of risks in their everyday operations, many of which may lead to liability claims when unexpected incidents occur. Whether supporting staff, handling client interactions, conducting property viewings, or managing office operations, unforeseen events can have considerable impact on the business. A liability claim may result in financial strain, operational disruption and reputational damage. For property agents, understanding these exposures is an important step in managing risk effectively. Gallagher, Propertymark's insurance supplier, shares insight into the risks property agents may face and the types of protection that can help keep businesses resilient.
Plans revealed to speed up remediation on high-risk buildings
The Building Safety Regulator (BSR) has announced a new improvement plan to accelerate remediation works on higher-risk buildings (HRBs) across England to tackle ongoing delays in the approvals process. A series of operational changes designed to reduce application backlogs, improve decision times, and support higher-quality submissions from industry have been included.
Longer notice periods must be balanced with effective possession routes
Policymakers in Northern Ireland must ensure landlords can regain possession of their properties efficiently, following the Department for Communities (DfC) proposals to increase standard notice periods for tenants to up to six months, alongside exemptions where shorter notice periods would still apply.