Your August ’24 update from AMI Chief Executive Robert Sinclair

AMI Chief Executive Robert Sinclair gives his August update, including rate changes, increased FCA activity in the insurance sector and Mortgage Vision events…

Your August industry round-up

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Insurer underwriting and service standards – have your say in this year’s Protection Viewpoint

With only two days left until this year’s Protection Viewpoint survey closes, please take five minutes to have your say on insurer underwriting and service…

AMI Protection Viewpoint 2024 – we need your views

AMI Protection Viewpoint is back for a fourth consecutive year. Please help us by taking five minutes to complete our survey…

Protection Viewpoint 2024 – save the date

Find out when this year’s Protection Viewpoint virtual event will be held and remember to save the date…

Your July ’24 update from AMI Chief Executive Robert Sinclair

AMI Chief Executive Robert Sinclair gives his July update, highlighting the Consumer Duty deadline and ongoing work in the Equity Release market…

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Leaseholders may face legal restrictions on working from home

A senior lecturer at Manchester Metropolitan University Law School, Michael Poulsom, has warned that many leasehold and some freehold titles contain covenants that forbid the use of residential property ‘for the purposes of trade or business’.

Whilst this is unlikely to affect workers doing a regular office job from a laptop, it could be an issue for the self-employed or those who deal with customers face to face in their homes. If the landlord is notified and decides to take legal action, the consequences for violating the terms of a lease include forfeiture of the property.

So, it’s important for leaseholders and freeholders subject to restrictive covenants to check their leases, title deeds and any other relevant documentation (and obtain legal advice if unsure) to ensure they do not inadvertently commit a breach of covenant.

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