Nick Dashwood Brown of Anexo discusses the formation of a new Housing Disrepair Team

Nick Dashwood Brown, Head of Investor Relations at Anexo #ANX discusses the rationale behind the formation of a new team within its legal services division, Bond Turner, to deal with claims arising from housing disrepair.

Highlights

·    Formation of a specialist Housing Disrepair ("HDR") team within Bond Turner

·    The HDR team is currently engaged in almost 1,600 cases and this figure is expected to rise substantially during 2022

·    Housing trends indicate a move away from owner occupation towards either private or social rental

·    12% of social housing dwellings and 23% of private rented dwellings fail to meet the Decent Homes Standard

·    5% of social housing dwellings and 13% of private rented dwellings suffer from a Category 1 Hazard, defined as damp and mould growth

About Anexo

Anexo is a specialist integrated credit hire and legal services provider. The Group has created a unique business model by combining a direct capture Credit Hire business with a wholly owned Legal Services firm. The integrated business targets the impecunious not at fault motorist, referring to those who do not have the financial means or access to a replacement vehicle.

Through its dedicated Credit Hire sales team and network of over 1,100 active introducers around the UK, Anexo provides customers with an end-to-end service including the provision of Credit Hire vehicles, assistance with repair and recovery, and claims management services. The Group's Legal Services division, Bond Turner, provides the legal support to maximise the recovery of costs through settlement or court action as well as the processing of any associated personal injury claim.