For a high number of businesses following the Government advice on COVID-19 they have temporarily closed their doors leaving the premises unoccupied. At MCM Insurance we want to make you aware of unoccupancy clauses on policies both for properties and contract sites, as well as provide you with advice on...
As a residential landlord, you tread a fine line between actively maintaining your property while leaving tenants to live in peace. What is a landlord’s right of entry? Tenants are likely to regard the property as their home. Under “the covenant for quiet enjoyment”, UK law entitles tenants to enjoy...
If you’ve ever insured a property, you’ll know that arranging buildings insurance is based not just on your property’s ‘market value’ – the amount it would sell for today – but also its ‘rebuild costs’. This refers to the amount of money it would cost to rebuild or reinstate your...
With the cost of living constantly on the up, most of us have become resigned to spending more cash on everyday essentials. Over the past 12 months property rental prices have continued to rise, accordingly to the latest Buy to Let Index. The average rent charged to tenants across England and...
According to a panel of former criminals interviewed by Co-op Insurance, burglars are most likely to be put off breaking into homes by CCTV cameras and barking dogs. Half of the 12 former burglars asked said most thieves were opportunists simply wandering the streets. They would therefore avoid any difficult...
I used to be a neigh-sayer when it came to all things intangible, seeing is believing and all that. So you can imagine how low my level of expectancy when travelling to Colombia last summer, knowing I was staying in an Airbnb accommodation and not a reputable hotel. I was...
Let’s put it bluntly can anyone adequately describe the term ‘fair wear and tear’? Landlords and tenants have been arguing over this question for a long time – sometimes formally, when it comes to deposit disputes at the end of a tenancy. Alternative Dispute Resolution services tend to side with...
