Insuring Listed Buildings - AWARD

Intelligence garnered by Historic England suggests that the diminishing availability and increasing cost of insurance for listed buildings is becoming a disincentive to owners, both existing and prospective. If true, and if the trend continues, ownership of listed buildings is likely to become less attractive for many people and the financial viability of already struggling large houses is likely to worsen. Neither is desirable in the interests of securing the future of heritage assets listed for their special architectural and historic interest.