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CRL Housing Associations Insurance Cover

CRL work with many housing associations in the UK to provide a range of housing associations insurance services.

These include Housing Associations Insurance for new build properties, Road Bonds to help secure roads into new developments are completed to the required standards, and Developer Insolvency Insurance to ensure a housing associations financial investment is secure should the developer they are working with become bankrupt.

Our Housing Associations Insurance is a 10 year policy that starts from the day the property is completed. During this time housing association properties are covered against any structural faults that may occur within the first ten years of the properties life including those caused by faulty building materials used in the construction, issues relating to the architect's design or problems with the method of construction.

For more information about our Housing Association Insurance and how we can help on your project, please contact our friendly team today.

Latest Housing Associations News: Corbyn Criticises Housing Associations’ Acceptance of Right to Buy

Labour leader Jeremy Corbyn has criticised housing associations for adopting a controversial right to buy deal.

Corbyn recently said that he was “very disappointed” that the policy had been embraced by housing associations. He attacked them for acting more like housing companies and insisted that their properties should remain “within the social rented sector.”

He pointed out that housing associations were formed to supply homes to those who need them, not operate simply as a housing company.

The National Housing Federation (NHF) confirmed that its members were overwhelmingly in favour of adopting right to buy.

Corbyn voiced his approval of the proposal made by shadow housing minister John Healey. At a recent Labour party conference, Mr Healey proposed a programme to build 100,000 council homes a year, which he said would have a major beneficial impact on the building supply chain/ He added that the lower housing benefit bill would also benefit the public purse.

Labour vowed to oppose the extension of right to buy to housing associations. Mr Healey even contacted the National Audit Office, the Homes and Communities Agency, and the Charity Commission and urged them to intervene.

The Charity Commission confirmed that it is looking into how compatible the policy is with charity law, and said that only a few of its concerns have been addressed so far.

Speaking at the Conservative party conference, communities secretary Greg Clark said that the right to buy is being extended from council tenants to those in housing associations. In return, for every home that a tenant buys, a new one will be built, increasing the number of badly-needed homes.

Mr Clark said that housing associations are expanding in scope to become organisations that support and offer home ownership.

The voluntary right to buy deal reimburses housing associations for any discounts offered under right to buy, paid for by selling valuable council homes.

Housing associations will have exemptions under certain circumstances- for example, where a property is modified for a special needs tenant or the home is in a rural location and cannot be replaced. In these instances tenants will receive a voucher allowing them to buy another housing association property.

Housing association leaders said that the voluntary right to buy arrangement was the best possible outcome, given the chance that the Conservatives would impose the policy if the voluntary deal was rejected. In that instance, housing associations risked being reclassified as public bodies.

Structural Defects Insurance

L&Q chief executive David Montague said that the biggest challenge will be to replace homes sold. “We need to get moving to put spades in the ground,” he stated.

A housing association chief executive who requested anonymity said he backed the deal because no asset value was being lost due to government-refunded discounts.

The executive did criticise the approach of selling off council homes to fund the deal, calling it “opportunistic”. They said that the practice comes from a value system that denies poor people the right to live in a home the average person can’t afford.


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