---
title: "Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties"
ocid: "ocds-b5fd17-d027d928-2f37-4fcf-8e60-d688d92288db"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d027d928-2f37-4fcf-8e60-d688d92288db"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d027d928-2f37-4fcf-8e60-d688d92288db.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-d027d928-2f37-4fcf-8e60-d688d92288db.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "LONDON BOROUGH OF HACKNEY"
published: "2023-09-11"
---

# Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties

Buyer: LONDON BOROUGH OF HACKNEY  
Current stage: Tender  
OCID: ocds-b5fd17-d027d928-2f37-4fcf-8e60-d688d92288db

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## Summary

The London Borough of Hackney is inviting bids for property insurance services for leasehold flats, shared ownership, and mortgaged properties. The contract, valued at £22 million, is set to commence on 1st April 2024, with the tender period ending on 16th October 2023. The procurement method is an open procedure, and the main procurement category is services.

This tender by the London Borough of Hackney presents an opportunity for businesses providing insurance services to participate. Small and medium-sized enterprises (SMEs) are well-suited for this opportunity. The procurement process is currently at the tender stage, offering potential growth opportunities for businesses in the insurance services industry.

## Notice

The current policy contract expires on 31 March 2023. The London Borough of Hackney invites bids for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation. In addition, cover is to include mortgaged properties and some shared ownership where the Council has agreed to continue the insurance arrangements. The dwellings can include houses and bungalows but are generally flats in blocks and flats in houses (maisonettes) where the Council retains the freehold ownership and in some case the leases may state that the Council, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required. Cover is expected to commence at 00.01am on the 1st April 2024.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/0bb8a1d3-1652-4a55-9e6c-c0007c999116 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Sep 2023 |
| Submission deadline | 16 Oct 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2024 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £22,000,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON BOROUGH OF HACKNEY |
| Locality | HACKNEY |
| Post town | East London |
| Postcode | E8 1DY |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI41 Hackney and Newham |
| Local authority | Hackney |
| Electoral ward | Hackney Central |
| Westminster constituency | Hackney South and Shoreditch |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 11 Sep 2023 at 12:07 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/0bb8a1d3-1652-4a55-9e6c-c0007c999116
- 11 Sep 2023 at 09:43 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/0cfa924e-4041-452f-85aa-62d068d4bede

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/0bb8a1d3-1652-4a55-9e6c-c0007c999116
  11th September 2023 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/0cfa924e-4041-452f-85aa-62d068d4bede
  11th September 2023 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=a8e0b13b-2e4e-ee11-8124-005056b64545&fromProjectDashboard=True
  Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties

## Notice URLs

- http://www.hackney.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-d027d928-2f37-4fcf-8e60-d688d92288db. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d027d928-2f37-4fcf-8e60-d688d92288db.json.