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Building Insurance for flats within Tenement

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imported_Ducklet
imported_Ducklet Posts: 76 Forumite
in Insurance & life assurance
Wondered if anyone could provide some advise? I live in a flat in a Scottish Tenement building where there are 5 other flat owners. We each pay for our own building insurance, we have no factor but I have an account for minor repairs which we all pay in £10 a month too. Has anyone set up a building insurance which each flat owner pays into instead of individually.

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  • rs65
    rs65 Posts: 5,682 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    imported_Ducklet wrote: »
    Has anyone set up a building insurance which each flat owner pays into instead of individually.
    Yes, its quite common.

    Go to a local broker - you are looking for a residential property owners policy.
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