CONTX saves tens of thousands in damage and reduces Building Insurance Premiums
Spinnaker Court is a well appointed and modern residential apartment block in North Kent. Despite its impressive specification and meticulous standards for maintenance works, occupiers of the building suffered a number of unfortunate plumbing related issues in the early years following build completion, subsequently attributed to poor installation standards by a plumbing contractor that went out of business.
These issues not only cost owners tens of thousands in remediation works, ongoing issues resulted in insurance premiums escalating and at one point insurers were on the verge of declining insurance terms. The first sign of a leak was usually damage to a property on a lower floor, but one of the biggest challenges was identifying the cause and location of a leak, as they were often from joints or pipework concealed in walls,
The property management company installed CONTX in 2022, and its success in helping identify and eliminate leaks has saved tens of thousands in damage, preserved the buildings insurance and contributed to a reduction in premiums.
Following a recent incident where gas was accidently left on by a tenant, posing a significant risk of fire, the management company have now instructed the extension of monitoring with CONTX to include real-time gas detection throughout the building..
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