Safe as houses
Throughout the economic downturn, the market saw a considerably increased number of claims against property professionals. Our property professionals are highly regarded in the insurance market, regularly acting for insurers in relation to claims brought against all classes of property professionals; including:
- Surveyors
- Valuers
- Estate agents
- Property management companies
- Letting agencies
- Auctioneers
- Property consultants
The types of claims on which we are typically instructed cover the likes of:
- Negligent commercial and residential valuation claims against insureds ranging from leading commercial surveyors and nationwide firms of valuers to small/medium enterprises (SMEs) and sole practitioners, involving properties from hotels, factories and office blocks to residential homes
- Claims against surveyors, including alleged defective surveys (involving subsidence), LPA Receiver claims, rent review and dilapidation claims
- Disciplinary and regulatory proceedings
- Claims against estate agents, including Property Misdescriptions Act claims
- Claims against auctioneers, particularly in relation to land and business equipment
- Property management arising from management of residential and commercial properties
- Claims against planning consultants, including compulsory purchase compensation claims
- Claims against letting agents
Despite the comparative stability of recent years, with Brexit looming the marketplace may yet see more volatility. This is when our knowledge and experience of the marketplace will be invaluable for clients.
Professional Indemnity & Financial Risks
