We believe BDML is the first insurance broker to create a range of insurance products specifically for the leaseholder market. Our major product line is buildings insurance which we know is one of the many changing requirements facing the home ownership teams within the social housing sector. In particular the recent changes to legislation (in respect of consultation requirements with leaseholders) make this an area that needs to be treated very carefully.

In the past, many local authorities have treated leaseholder buildings insurance as part of the same programme as their main commercial insurances. However, the dynamics are very different and major savings can often be  made, to the benefit of the leaseholder, by using a specialist provider.

BDMLIS provide insurance broking services on all aspects of the provision of buildings insurance for leasehold and ‘right to buy’ properties, including mortgaged properties and the growing area of shared ownership provided through new build and key worker strategies.

The BDML service includes:

• Competitive Premiums
• Advice on the consultation processes
• Choice of insurers
• Wide ranging cover (which dovetails with the Landlords communal insurance policies)
• Full claims service
• Monthly Management Information
• Additional insurance products for leaseholders e.g. Contents Insurance

We conduct regular review meetings with our clients and their leaseholders to ensure our services are delivering effectively especially in the area of claims. We also offer training to Home Ownership unit staff to ensure they are conversant with the basics of insurance.

We would value the opportunity to discuss with you exactly how we can help you to achieve compliance with legislation and at the same time place your Leaseholders in a more beneficial position.

For more information please contact:

• Tenants Contents programmes

• Personal insurance for social housing staff and tenants