Posts Tagged: financial
Posted by Sam Eynon on October 3rd 2016 in Insurance
With an estimated 600,000 unoccupied homes in England and
approximately 20,000 squatters in the UK, unlawful occupation is
one of the biggest risks owners face when leaving a property empty.
Other potential risks facing your property can include theft,
vandalism and accidental damage. We examine some of these key risks
below, and what you can do to mitigate them.
In 2012, a new law was introduced, making squatting in a residential property a criminal offence, punishable by up to six months in jail or a fine of up to £5,000.
However, squatting in commercial properties is not a crime and...