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Leaseholder Building Insurance Policy

Buyer: Reading Borough Council

Open until 25 November 2026.

Published
12 October 2026
Submission deadline
25 November 2026
Place of performance
UKC
Procedure
Open procedure
Lots
1
Documents
2
Notice number
096018-2026
Reference
ocds-h6vhtk-07857c
Official source
Official source

CPV codes

Description

Reading Borough Council (RBC) is seeking to procure a Third-Party Property Insurance Policy for leasehold residential properties where the Council retains the freehold interest, primarily properties sold under the Right to Buy (RTB) scheme. This will be a new standalone contract and will establish a long-term insurance arrangement to ensure that leaseholders have access to appropriate buildings insurance cover in accordance with the Council's obligations as freeholder and landlord. The requirement covers: • 229 leasehold properties sold under the Right to Buy scheme. • 13 Shared Ownership houses. • 1 mortgaged property at St Elizabeth Close. • 16 detached garages leased to RTB leaseholders. The property portfolio consists predominantly of flats within blocks and maisonettes where the Council retains the freehold ownership. In many cases, the lease agreement requires the Council, as Freeholder, to arrange buildings insurance on behalf of leaseholders and recover the associated premium through the service charge mechanism. Properties remaining within the Council's housing stock are covered separately and are excluded from this procurement. A detailed property schedule has been prepar…

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Frequently asked questions

What is the deadline to bid for this tender?
The submission deadline is 25 November 2026. Check the official source, as dates can be modified.
Who is the buyer of this tender?
The contracting authority is Reading Borough Council (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.