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Openclosing

BT1726 Insurance for 19 Shared Ownership Properties

Published

Value

30,000 GBP

Description

Luton Council require buildings insurance for 19 shared ownership mortgaged properties within the borough of Luton. This a statutory and preventative service and this a standalone requirement. The Council have a requirement to provide a discounted buildings insurance to shared owners which is then recharged to the mortgagee by Council. The key outcome is the building insurer needs to be reputable, must comply with the Financial Services and Markets Act 2000 as well as the rules made by the PRA and the FCA. The mortgagees need to be advised of the new costings giving at least 3 months' notice and the renewal date is 01 April 2025. The Provider must be able to provide: • Buildings insurance cover (accidental damage not required) • Payments facility to pay by direct debit ALL DOCUMENTS ARE AVAILABLE ON THE PROCONTRACT (PROACTIS ETENDERING PORTAL)

Timeline

Publish date

28 days ago

Close date

in 13 days

Buyer information

Luton Council

Contact:
Caroline Sturman
Email:
caroline.sturman@luton.gov.uk

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Notice topic

Financial and insurance services

Related topics

Reinsurance servicesTreasury servicesInsurance and pension servicesBanking and investment services

Source

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