Issue details

To award a Leasehold Building Insurance Contract

Decision type: Key

Decision status: For Determination

Notice of proposed decision first published: 07/01/2022

Anticipated restriction: Part exempt  - View reasons

Decision due: 8 Feb 2022 by Cabinet

The Council as landlord is responsible under the leases of all properties sold under Right to Buy legislation for insuring the building in which the property is situated. The Council intends to enter into an agreement for the provision of buildings insurance covering all leasehold properties sold (or to be sold) by the Council under Right to Buy legislation. The insurance premium is then recharged to leaseholders as part of the service charge payable under the terms of their leases.

Lead member: Cabinet Member for Finance and Transformation

Lead director: Head of Audit & Risk Management

Contact: Director of Finance.

Agenda items