Residential Risk: The Impact of the Growing Private Rental Sector in the UK
The private rental sector (PRS) in the UK has seen a significant increase over the past few years, driven by recent trends in the country’s housing market.
These projects present a unique set of risks during each phase of development due to their size and complexity, as well as the fact they are typically located in urban areas. Marsh’s report, Residential Risk: The Impact of the Growing Private Rental Sector in the UK, examines the risk and insurance challenges associated with these projects throughout the lifecycle of a development, including:
- Pre-construction: such as transactional risks and possible inherent defects.
- Construction stage: including fire, delay, and third-party liability risks.
- Post-construction: such as operational risks for landlords, building owners, and tenants.
To find out more, download the report.