We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Buildings Insurance - Leasehold
Jim28
Posts: 32 Forumite
Dear all
Grateful for your advice.
I currently own (have mortgage) a leasehold flat (Second floor) and wish to rent it out. Currently the building insurance is arranged by the Freeholders and we all flats in the house pay 1/5 of the annual sum.
My question is whether this buildings insurance will be valid if I rent the property out?
Jim
Grateful for your advice.
I currently own (have mortgage) a leasehold flat (Second floor) and wish to rent it out. Currently the building insurance is arranged by the Freeholders and we all flats in the house pay 1/5 of the annual sum.
My question is whether this buildings insurance will be valid if I rent the property out?
Jim
0
Comments
-
Depending on the covenants in your long lease you need to write to the freeholder asking their permission to let OR informing them that you are letting the flat and giving them your new address at which to serve notices. They will deal with the insurance.Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards