Freeholder Buildings Insurance.

0 Thanks
4 Posts
13 years ago
I have one of two leasehold flat in a converted house, the freeholder's managing agent pays the insurance yearly and we then repay his costs.
They insurance premium charged is approximately three times the average quote obtained by myself on behalf of both leaseholders.
For the last three years we have been asking the agents to consider one of the more competitive Insurance companies,they have refused.
Are we obliged to pay this cost.
Any advice?

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.