Scottish airline Flyglobespan goes bust

At the time air travellers are off on holidays for Christmas, BA is going on strike and then Flyglobespan goes out of business, leaving 4,000 passengers stranded.

An announcement on their website reads "Bruce Cartwright, Graham Frost and Ian Oakley-Smith at PricewaterhouseCoopers (PwC) have been appointed as joint administrators to Scottish travel firm, The Globespan Group plc and Alba Ground Handling Ltd (‘the Group’) on 16 December 2009. It is likely that other Group companies including the airline which operated as Flyglobespan will be placed into administration on 17 December 2009."

Last year the airline, which employs 600 staff, carried more than 1.5m passengers and operated 12,000 flights.

Ryanair has said it will launch a Flyglobespan "rescue fare" to and from Edinburgh and Prestwick airports for any passengers affected. The Ryanair offer applies to flights into and out of Prestwick to Alicante, Faro, Gran Canaria, Lanzarote, Malaga, Palma and Tenerife, and into and out of Edinburgh to Alicante, Gran Canaria, Lanzarote, Malaga and Tenerife.


Direct Line Insurance issued a Press Release this morning entitled "Direct Line Travel Insurance introduces cover for the financial failure of airlines" and Protect my holiday.com issued one entitled "Globespan collapse highlights the need for travellers to check their Travel Insurance Protection"

Follow the links above to read these on the jml-insurance site


One of the companies that promotes Globespan Holidays say it is part of Globespan Group Plc which was set up in 1974. Globespan has over 30 years of experience with scheduled flights, chartered flights, coach and train travel, hotels and package holidays. Globespan has put particular emphasis on holidays departing from Scotland. Globespan has specialised in holidays to Canada, the United States and South Africa as well as familiar Mediterranean package holiday destinations in Spain, Portugal, France and Cyprus among others.

If you are are worried about your airline, car ferry operator so you have peace of mind for your holiday take a look at the Protect my holiday.com website Here

Vicky Lyle appinted Letting Manager for JNP's Letting Team in High Wycombe

Vicky Lyle has been appointed as Letting Manager for The JNP Partnership's High Wycombe based lettings office.She has joined the JNP Lettings team which has grown from two staff when it was established by Philip Suter at its inception in 2001 to eight staff.

She has worked in the lettings business in High Wycombe for the past six years and her new employers are confident that her experience will be of great benefit to the expanding team.

Vicky Lyle said "Joining JNP is a very exciting move for me and I feel that we can grow from strength to strength with the dedicated team that we have."

Lettings Director Stephen Grace said "JNP has grown by 75 per cent in the last twelve months and it is down to the sheer dedication and professionalism of my team. Vicky will not only add value to our experience, but brings with her a wealth of knowledge.

To many landlords, Vicky Lyle's professional approach is both inviting and refreshing and reassuringly done to a high standard".

More info Here on The JNP Partnership

HomeLet Launch New Range of Landlord's Insurance

HomeLet Launch New Range of Landlord's Insurance

A Pet Is Not Just For Christmas - Animal Friends Insurance Article from jml Insurance Services

A Pet Is Not Just For Christmas - Animal Friends Insurance Article from jml Insurance Services

HomeLet Landlords+ now live at jml

HomeLet have recently released their brand new Landlord's Insurance+ product and deatails (as provided by HomeLet insurance) are available on the jml property insurance website

HomeLet have provided some very detailed information about this great product and here it is:

Landlord's insurance+ Fact sheet

# Landlord's Insurance+ provides a full range of cover which includes:


Buildings insurance
Contents insurance for furnished or unfurnished properties
Emergency Assistance
Prestige Rent Guarantee
Legal Expenses

# HomeLet's new Building insurance automatically provides cover for up to £500,000

# If something really serious happens such as a fire or flood and the tenant has to move out, the policy covers landlords for the loss of rent or re-letting costs for up to two years (or a maximum of £50,000)

# Emergency Assistance cover is included for free with Buildings and / or Contents for furnished properties insurance and comes with the option to add on boiler and heating cover.

# The Buildings policy has variable excesses including a 'nil excess' option

# If it's a leasehold property, HomeLet Contents for furnished properties insurance will automatically cover kitchen fixtures and fittings and bathroom sanitaryware

# The Contents insurance now covers the landlords' contents in the garden such as garden furniture or ornaments

# HomeLet will provide new for old replacement of landlords' contents

# Landlord's Insurance+ also provides £5 million property owner's liability and £10 million employer's liability because if a tenant or an employee injures themselves and the landlord is found to be negligable there could be a hefty bill to pay!

# Premiums for most Building insurance policies are based on the properties rebuild value. A common mistake is to cover the market value of the house which is often much higher, leaving the owner over-insured and paying more than they need to. HomeLet's automatic Buildings cover up to £500,000 takes away this probleml

# HomeLet's Landlord's Building insurance is bedroom-rated which generates a more accurate premium for the property

# Because the product is bedroom rated landlords only need to fill in their personal details and answer four questions to receive a competively priced Buildings insurance premium indication

# HomeLet's Landlord's Building and Contents insurance policies include 90 day no restriction cover for when the property is empty between tenancies, meaning landlords are insured during void periods with no onerous inspection requirements.

Find out more by clicking Here

NAEA response to the UK Pre-Budget Report

Following the UK's Pre-Budget report on Wednesday 9th December 09 Peter Bolton King, chief executive of the National Association of Estate Agents (NAEA), said:“The Chancellor missed an open goal with his statement.

“By ignoring the advice of much of the property industry there is a real danger that the property slump that has hit thousands of families hard over the past 12 months will hit thousands more, harder, in the year ahead.

“Stamp duty unfairly distorts the property market. It is prohibitive to people looking for a step up the housing market and unfairly penalises people investing in buy-to-let portfolios.

“As a first step the Chancellor should keep the stamp duty threshold as it is when the current holiday ends in December. More importantly, the Government should commit to a complete reform of the tax to produce something that is fairer for everyone.”

Rentguard insurance launch M & S Voucher scheme

We have just received a Press Release about Rentguard the insurance provider that has a range of products & services covers all aspects of residential & commercial lettings, with associated products such as tenant referencing and rent guarantee insurance.Rentguard provides comprehensive insurance cover at extremely competitive rates, and we invite you to contact us to discuss your individual needs.

The newsstory is entitled "M & S Scheme for New introducers returns to Rentguard"
Rentguard Insurance, recently launched M&S Vouchers Scheme to all new introducers for any new buildings and contents policies taken out, now decided to mark a return of the scheme to attract more businesses.

Rentguard Insurance, recently launched M&S Vouchers Scheme to all new introducers for any new buildings and contents policies taken out, now decided to mark a return of the scheme to attract more businesses.

4th November, 2009 Marks and Spencer voucher scheme was launched in July 2009 by Rentguard Insurance that motivated all new introducers through offering M&S vouchers on every new buildings and / or contents insurance policy made. The scheme ended by the end of September 2009 and Rentguard Insurance was pleased to announce that the result of the Scheme was highly desirable.

Following the success of the previous scheme, Rentguard Insurance decided to bring back the M&S voucher scheme featuring to be launched on 15th November 2009 which also targets at all new introducers (i.e. estates and letting agents). Likewise, the Scheme offers £5 M&S Voucher for every new Contents-only insurance policy; in addition, £10 and £15 Vouchers are offered to new Buildings insurance policy and Buildings & Contents insurance policy respectively.

Interested parties ought to sign up quickly and take actions upon the offer, as the M&S voucher scheme is only running until the end of February 2010, and the vouchers would also make a great gift for all the employees!

If you are looking for Rentguard Insurance products, jml-property-insurance.co.uk have an advertisement page HERE

HomeLet Insurance offers service guarantee to Letsense Agents

HomeLet one of the UK’s largest landlord and Tenant insurance providers has issued a press release on Friday 4th December. In November it was announced that Letsense who entered the Landlord and Tenant insurance and referencing business a year ago was to close in early December and that it’s 12 staff had been put on notice.

HomeLet then announced that they would be offering assistance to agents linked to rival firm. Today they have issued this press release saying:-

LetSense customers have only a few days left to choose another referencing and insurance provider before the company ceases trading on Monday 7th December.

Making the wrong choice of provider could cause significant disruption to agents who rely on LetSense as their referencing provider to secure tenants for their landlords’ properties. A delayed reference can mean the loss of a tenant which in turn could lead to a landlord choosing a different letting agent.

Managing Director of HomeLet John Boyle is urging agents not to panic and is offering a personal guarantee to any LetSense agent concerned about the effect on their business.

“As the market-leading referencing and specialist insurance provider to the letting industry HomeLet has the capability to sign up new agents and enable them to start transacting references on the same day. We have the capacity to provide new customers with the same great service that our existing customers receive.

“We’ve been extremely busy in the last six months, but we’re still able to support more than 3000 letting agents across the UK, agents who all trust HomeLet to deliver for their businesses.”

Not only does HomeLet cross-reference every tenant with its own blacklist containing all previous HomeLet arrears claims – something credit agencies cannot provide – but it also completes 82% of all references in 24 hours or less: quite a feat considering HomeLet references in excess of 1,500 prospective tenants every day.

HomeLet, which has 17 years’ experience in the lettings insurance industry, has already signed up a number of LetSense agents keen to take advantage of HomeLet’s unrivalled knowledge and expertise.

“We have set up a hotline for concerned LetSense agents and we have a team of people ready to process their applications.” John continued.

“As a HomeLet customer, agents can offer their clients access to the most comprehensive and robust products and services available to protect them from the risks associated with renting.”


. HomeLet is the UK’s largest tenant referencing, Rent Guarantee and specialist insurance provider for the lettings industry and has around 3,000 approved letting agents nationwide.
. HomeLet pays out an average £3m in Rent Guarantee claims every year.
. HomeLet is proud to announce it is a main sponsor of the Estate Agent and Letting Agent of the Year Awards 2010.

HomeLet is a trading name of Barbon Insurance Group Limited which is authorised and regulated by the Financial Services Authority. Registered in England number 3135797. Registered office address: 4-9 Highview, High Street, Bordon, Hampshire GU35 0AX.

We at jml-property-insurance are HomeLet Premier agents and have been for the past seven years. If you are looking for Landlords or Tenants insurance follow this link HERE

HOMELET TO LAUNCH INNOVATIVE NEW INSURANCE POLICY

1st December 2009 A press release from HomeLet has just been issued a couple of hours ago - Great News for Landlords

Lettings insurance specialist HomeLet has developed a brand new insurance product which will strengthen the company’s position as the UK’s principal provider of referencing, Rent Guarantee and insurance solutions to the lettings industry.

Landlord’s Insurance+, which includes buildings and contents insurance, will be launched this month (December) and offers an unparalleled level of cover including Emergency Assistance and up to £500,000 of buildings cover as standard.

In addition the new policy covers loss of rent or re-letting costs following a claim, so if something serious happens and the tenant needs to move out, lost rent is covered for up to two years (or £50,000) so the landlord can still pay his mortgage or meet other financial commitments.

The introduction of this latest product follows the launch of HomeLet’s hugely successful Tenant’s Contents Insurance + policy. Since the introduction of this new policy sales of tenant’s contents insurance have more than doubled in 2009 – an increase of 121%.

Managing Director John Boyle is anticipating Landlord’s Insurance+ will have the same effect.

“Landlords, particularly in today’s economy when unemployment and crime are both on the increase, are exposed to more risks than ever before. There’s a real need for a specialist insurance policy that covers landlords against the potential risk that they face. HomeLet’s Landlord’s Insurance+ is our most comprehensive and competitively priced landlord’s product to date.”

He continued: “It’s unlike anything else currently available on the market. One of the many benefits for example is automatic cover for kitchen fixtures and fittings and bathroom sanitaryware in leasehold properties within the contents section of cover.”

Unfortunately many landlords currently don’t have adequate protection or don’t have specialist landlord’s insurance at all and are under the impression that a standard insurance policy will provide them with the cover they need.

In reality the risks associated with let properties are significantly different to owner-occupied properties. For instance, if a tenant or an employee injured themselves in a landlord’s property and the landlord was found to be negligent, he could be facing a very hefty fine which his standard buildings insurance policy may not cover.

However, HomeLet’s Landlord’s Building Insurance protects landlords, tenants and employees such as cleaners or gardeners with £5 million property owner’s liability and £10 million employer’s liability.

John added: “When it comes to taking risk out of property rental, HomeLet is the specialist. We’ve been in the industry since the birth of buy-to-let, which means we have more experience than anyone else. We’ve used our specialist knowledge of the residential lettings industry to develop some of the most comprehensive and cost-effective products on the market today which is why we’re number one.”
Ends

Notes
 HomeLet’s new product is available through its network of approved letting agents
 HomeLet is the UK’s largest tenant referencing, Rent Guarantee and specialist insurance provider for the lettings industry and has around 4,000 approved letting agents nationwide.
 HomeLet pays out an average £3m in Rent Guarantee claims every year.
 HomeLet is proud to announce it is a main sponsor of the Estate Agent and Letting Agent of the Year Awards 2010.


HomeLet is a trading name of Barbon Insurance Group Limited which is authorised and regulated by the Financial Services Authority. Registered in England number 3135797. Registered office address: 4-9 Highview, High Street, Bordon, Hampshire GU35 0AX.

Don't forget jml Property Insurance are HomeLet agents