SitexOrbis holds series of events with the Royal Institution of Chartered Surveyors
Published by Magenta Associates for Sitex Orbis Ltd in Housing
Vacant property management experts SitexOrbis has held a series of Continuing Professional Development (CPD) events in conjunction with the Royal Institution of Chartered Surveyors (RICS) to advise chartered surveyors about the importance of managing vacant property correctly in order to comply with insurance requirements.
The 13 seminars, held from October to December last year, were hosted in locations across the UK from Glasgow to Bristol and Belfast to Cardiff. Presented by Mark Williams, business development director at SitexOrbis, the sessions explored the risks associated with vacant properties from loss of income to becoming the target for metal theft, vandals, squatters and arsonists; and how to combat these risks with practical guidance on maintaining and managing a vacant property.
“A variety of problems can affect vacant properties no matter the property category and property owners and managers are not risk-free if they’re insured,” Williams told delegates. “Failing to tell your insurance firm that your property has, or is to, become vacant puts you in breach of your ‘change of occupancy clause’, and you may not be covered in the event of a problem. And even then, you will likely have to conduct regular inspections with a full audit trail to remain compliant with your insurance policy. Requirements vary depending on the insurer so it’s vital to know what’s required of you to remain compliant and covered.”
SitexOrbis has written the British Institute of Facilities Management guide to Vacant Property Management. The guide looks at why buildings can become vacant; the risks of vacant buildings; managing a building’s closure; the principles of managing an empty building; and getting a building ready for reoccupation or demolition. It can be accessed online at http://www.bifm.org.uk/bifm/knowledge/resources/goodpracticeguides
SitexOrbis provides a complete vacant property service for commercial property and social housing. From securing the property with the right type of barrier screens and cleaning and clearing it of debris, to monitoring it with battery-powered video alarms; its role is to facilitate everything necessary to get the vacant property occupied again. All services are backed up by Aura, SitexOrbis’s real-time web-based workflow system; enabling customers to instruct, control and track the progress of jobs undertaken by their contractors. SitexOrbis’s in-house Alarm Response Centre monitors all alarms and supports lone worker and out-of-hours services, ensuring SitexOrbis keeps control of all security delivery and risks nothing in its outsourcing.
In the UK the vacant property security company protects more than 50,000 properties as well as 10,000 lone workers, cleans 20,000 properties annually and provides infection control, long-term mould eradication and access control. The company generates a combined turnover of in excess of £30 million and employs more than 500 people.
www.sitexorbis.com | 0800 083 0850 | email@example.com