Part 1 - Understanding Commercial Property Insurance
This section of the course will examine the relevance of insurance in relation to sales, leases and mortgages of commercial properties. Lecturer Richard Quenby will discuss the key terms and concepts which viewers must be aware of if they are to provide practical guidance in the application of varying insurance provisions.
The types of insurance products which are available will also be considered, in addition to insurable interests, reinstatement obligations and insurance on the grant of a mortgage.
Part 2 – Understanding Residential Property Insurance
This section of the course will examine the range of issues that conveyances need to be aware of when dealing with residential property insurance. Richard will review the requirements of the Council of Mortgage Lenders (CML) handbook in relation to residential property insurance for both freehold and leasehold properties.
With over 5 million UK homes at risk of flooding, and with this number only set to rise, this course will also provide an up to date position in relation to flood damage and will consider the effects of Flood Re which begins in 2015.
On completion of this course you will:
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