Nick Symes: Is insurance a soft target?

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It is being muted that Tax rises are required to plug the black hole in the NHS funding.

Insurance Premium Tax (IPT) is very much a stealth Tax as outside of the insurance industry, the effects of any increase are not appreciated.

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Nick Symes on... Asset Management

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Proactive asset management has always been at the forefront of the property market. We are seeing this manifest itself in a number of ways, not least the conversion of offices to residential apartments.

When undertaking building works on a property asset there are two important issues in respect of the insurance.

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Increased Squatters Risk

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From the 1st September squatting in residential buildings in England and Wales became a criminal offence, with perpetrators facing up to six months in jail and a maximum £5,000 fine. This legislation does not apply to commercial properties, which may now become more vulnerable as squatters seek alternatives.

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