What is the Difference between a Tenant and a Property Guardian?

What is the Difference between a Tenant and a Property Guardian?

Property Guardianship is relatively new in the UK, and for a while it went fairly unregulated. A few misconceptions emerged out of the ‘Wild West’ early days of property guardianship. We’d like to provide a little clarity on one of the main areas of confusion: the difference between a property guardian and a traditional tenant.

14 Tips for Commercial Landlords

14 Tips for Commercial Landlords

As a commercial landlord, you have a lot to consider when it comes to letting your property to a new tenant. Ensuring that you protect your interests and foster a mutually beneficial relationship with your tenant requires due diligence and care. These tips for letting your commercial property will help you keep your priorities straight and manage a smooth and secure rental process.

The Best Video Conferencing Software For Remote Working

The Best Video Conferencing Software For Remote Working

If you’ve suddenly found yourself working from home, adjusting to the independence and lack of structure may be tricky enough without the added technological challenges. Migrating from your professional office setup to the couch-laptop workstation you share with your cat (who seems infuriatingly oblivious to the sketchy internet connection!!) can be a trying task, especially when you have to teach yourself about things like cloud storage and screen sharing.

Mastering videoconferencing is a great start—if nothing else, so you can call your kids and ask them to walk you through things like ‘cloud storage’ and ‘screen sharing’. So we’re here to set you on course, with four great web conferencing tools to try. And if the mere mention of ‘web conferencing’ makes your brain want to roll over and play dead, don’t worry: we’ve included ‘Skype’ on there… You’ve definitely heard of Skype.

How to Avoid Insurance Claims When Your Business is Closed for COVID-19

How to Avoid Insurance Claims When Your Business is Closed for COVID-19

COVID-19 has led to the sudden, temporary closure of businesses all over the country. The UK government has not specified how long the lockdown will continue, so countless enterprises have had to shut their doors without knowing when they will reopen. Whether you rent or own your premises, you may have concluded your last day of trading with your usual end-of-day lockup procedures, unaware that the building may be vacant for a period of weeks or even months.

But is your commercial property secure enough to be left unoccupied for an extended period? And even if you think it is, would your insurance company agree? To answer this question, you have to do two things simultaneously: think like a thief, and think like an insurer. Sound like a tall order? Don’t worry, we’ve got you covered.

First, we’ll outline how your insurer will look at your situation, should the coronavirus lockdown lead to an insurance claim. Second, we’ll set you on course to protect your property against opportunists, thus avoiding the dreaded phone call to your insurer in the first place.

Everything You Need to Know About Vacant Property Insurance

Everything You Need to Know About Vacant Property Insurance

If your property needs to stand vacant for a while, you probably already have a long list of things to do, like securing your property against fire, vandalism, theft, and squatting. There may also be bills to pay, like monitoring, maintenance, and vacant property business rates. (Of course, if you’ve arranged property guardians for the vacant period, you can rest easy on both of these counts!)

Understandably, insurance may be the last thing on your mind if you’re in the process of vacating a property, and that can be fine. If your building is only empty for a couple of weeks, you probably don’t need to start digging out your insurance premium to read the fine print. However, if your property is vacant for a month or more, that’s when you need to double check what cover you will have in the event of a burglary, fire or other damage.