Staying up-to-date on property compliance is a challenge for landlords, freeholders, property managers, and investors. From fire door checks and licensing to electrical inspections and energy efficiency requirements, the array of legal obligations for letting property continues to grow and missing one can become incredibly costly.
Whether it’s an expired EICR, a failed inspection, an insufficient Fire Risk Assessment, not having applied for a licence or a missed maintenance issue, non-compliance can lead to fines, tenant claims, or serious legal repercussions. Our technology and property compliance insurance protects you from the consequences of compliance failures. Paired with our compliance management platform, it helps you stay ahead of legal obligations and reduces the risk of costly oversights.
Property compliance refers to the legal, safety and maintenance standards every rental property must meet to remain livable and lawful. By failing to comply with these standards, property professionals are at risk of fines, tenant claims, reputational damage and in some cases, criminal prosecution.
Some of the most notable compliance areas include:
It is important to note that as legislation continues to evolve, it is vital for landlords, property managers or investors to keep up, and this is where Yuno comes in.
Even with the best intentions, it is possible for landlords, investors or property managers to fall behind in compliance obligations, especially when it comes to managing multiple properties.
When this occurs, some of the consequences may include:
With the above in mind, Yuno’s Property Compliance Insurance is designed to support property professionals, covering a range of financial losses associated with non-compliance and providing a safety net when things don’t go as planned.
Contrary to traditional property insurance, which focuses on contents or structural damage of property, property compliance insurance is tailored to cover issues that may arise when your property falls short of safety or legal regulations.
Yuno tech and property compliance insurance helps protect against the costs and consequences of:
This cover is vital for landlords and managing agents who deal with multiple certifications, legislative updates, and high volumes of documentation.
Yuno simplifies compliance and enhances protection by combining expert support with advanced digital tools and customised insurance coverage.
Below, we take a closer look at our property compliance insurance service:
Yuno’s property compliance insurance is designed for a variety of property professionals, including:
In today’s ever-evolving regulatory landscape, failing to comply with property regulations is costly. With Yuno’s Property Compliance Insurance, you get absolute protection when it matters most.
Our platform provides the visibility and control you need to stay on top of changing legal obligations. And when unexpected issues arise, our insurance offers a vital safeguard against the financial consequences of non-compliance.
With over 15 years immersed in the property sector, Paul’s expertise is unparalleled. From his beginnings as a developer in Chelsea to pioneering the innovative Yuno property compliance model, his journey showcases a deep understanding of the industry’s intricacies.
Having been a slave to the beast of responsibility & liability, Paul decided to partner with property legal professionals & experts to create a platform that would empower all with the knowledge and means to set themselves free once and for all. With Yuno, you’re not just complying; you’re thriving.
With his Chartered Accountant background and extensive experience in corporate finance, private equity, and real estate, Steve plays a pivotal role as our Financial Director and Advisor. His financial acumen is invaluable in shaping Yuno’s financial strategies and ensuring sound financial governance.
With over 25 years of experience, Steve’s insights and guidance are instrumental in driving Yuno’s financial success.
With over 15 years of professional experience spanning diverse sectors, from law enforcement to fintech, Russell brings a wealth of knowledge to our team.
In 2016, Russell’s entrepreneurial spirit led him to raise an impressive $8 million for the establishment of Paymenta, a cutting-edge platform specializing in foreign exchange and remittances.
Russell is a proud graduate of Oxford, where he earned his PGDip in Software and System Security. His expertise and passion for technology make him an invaluable asset to Yuno, ensuring our platform remains at the forefront of innovation.
Lori brings over two decades of expertise in estate agency and the private rental sector to the Yuno team.
As a valued advisor, Lori plays a crucial role in shaping Yuno’s compliance solutions, ensuring they meet the needs of our clients in an ever-evolving industry. Her wealth of knowledge and commitment to excellence make her an integral part of our mission to simplify compliance in property management.
David’s legal prowess in property litigation, property regulation, and data protection is unparalleled. His extensive experience, especially in matters concerning residential tenancies and agencies, makes him an invaluable asset to Yuno.
With a keen eye for new legislation and obligations, David excels in advising and litigating complex property issues. He has a knack for finding innovative solutions within existing laws to tackle unique client challenges.
With a proven track record of nurturing businesses and an in-depth understanding of consumer behaviour in relation to property, Kate is a true industry figure. Her insights and expertise are invaluable to Yuno’s mission.
Kate’s dedication to improving the property industry aligns perfectly with our goals, and her guidance helps us continually evolve to meet the needs of property professionals and consumers alike.
