Buildings insurance for leaseholders

[baconrasher]

This is very much of a general question - does anybody have any knowledge in this area?

 

My wife owns a leasehold flat, part of a block completed about 6 years ago.

There is a management company run by the residents, with responsibility for all of the maintenance, etc. that would normally be the landlords responsibility.

 

The landlord collects ground rent, and also charges annually for a (very expensive) building insurance policy.

 

Does the management company have the right to negotiate its own buildings insurance cover in place of that provided by the landlord?

 

On the face of it, they should have this right but I have been advised that there was some change in the law recently that allowed the landlord to impose his own insurance policy on the management company and leaseholders.

 

Can anyone offer any help?

 

Bacon

[ruthstockdale]

Hi worthwhile trying these people. They have been helpful to us in the past over various issues or they will direct you to someone who can help.

 

Google the Federation of Private Residents’ Associations (FPRA)

[ericsbrother]

you are entitled to question LL about the charges and if you can show that they are unreasonable you can form a residnets association to manage the building yourself

[baconrasher]

We already have a residents management company. It is just that insurance is done through the landlord for some reason that I can't fathom. I have been told that there is nothing we can do about this - but I want to check.

[ruthstockdale]

Try FPRA - they deal with these type of issues all the time and represent the leaseholders.

[baconrasher]

Try FPRA - they deal with these type of issues all the time and represent the leaseholders.

 

Yes - thanks for pointing me to them. I will see if they can help.

 

Bacon

[stu007]

These links may be of use:

 

https://www.gov.uk/government/publications/residential-long-leaseholders-a-guide-to-your-rights-and-responsibilities

 

http://www.lease-advice.org/