After a 3 month strategic review NAB has revealed plans to leave the UK property lending market. This will result in a loss of 1400 jobs, as it trys to return it two loss making UK banks, Clydsedale & Yorkshire, to profit. Following the movement of in excess of £6bn of problematic commercial property loans
Great News! Your favourite commerical property insurance broker has won an award! Taken from Insurance Times website Independent Regional Broker of the Year Highly commended: Lockyer Insurance Who are they? Lockyer was founded in 1981 and was bought by Jon Newall (pictured) in 2001. The broker is based in Yorkshire and 90% of its book
Despite the current economic doom and gloom, we have noticed that commercial property insurance rates are still falling for well run, well built properties. In particular amongst these “vanilla” risks we have been getting exceptionally low rates for Shopping Centres. For ones which show good public liability, and fire, risk control we have been seeing
Winter is definitely on the way, and some sources are predicating it will be the worst one for a while. With this in mind here are some tips to help stop your business becoming a winter weather statistic; Preventing Burst Pipes Protect pipes and tanks with good quality lagging. Repair dripping taps and faulty ball
Initially I wrote this article for Commercial Property Insurance buyers, but the rules work just the same for Landlords Insurance Rule number 1 – Economies of Scale! It might be common sense to most people, but it is often overlooked, you need to get all your properties on one policy to get the best deals.
Lockyer Insurance, the power behind www.commercialpropertyinsurance.co.uk , have been listed as one of the 5 finalists in the prestigious Insurance Times “Best Independent Insurance Broker” award. Obviously we are very pleased with this nomination, which reinforces our position as one of the top independent brokers in the UK. The awards are being held and announced
