£1300 to insure flat!

golfergirl28

We've bought a duplex conversion in a B listed building (Scotland). There are 4 two storey apartments in the buiding and the building is managed by a factor. The buildings insurance is managed by the factor for the whole building and our share is £1300 per annum. The factor assures me that they shop around and this is the best price.
Since we've only recently moved in we've accepted this for this year but intend to investigate further. Are there any insurance companies specialising in listed buildings? Does anyone else live in a listed building and can can compare?
I realise that the rebuild cost of this building would be very high but still finding £1300 hard to swallow.

houseimprover

Am I missing something here, that seems astronomical!

Have you looked on the comparison websites to see what you should be paying?

golfergirl28

Comparison websites don't do listed building. You have to call. i haven't got round to that yet as we had to pay up when we moved in........for the coming quarter. Intend to investigate further once we've settled a bit and recovered from the move. You've missed nothing, I'm afraid, that's the cost. Horrendous, isn't it?

houseimprover

golfergirl28 wrote: »

Comparison websites don't do listed building. You have to call. i haven't got round to that yet as we had to pay up when we moved in........for the coming quarter. Intend to investigate further once we've settled a bit and recovered from the move. You've missed nothing, I'm afraid, that's the cost. Horrendous, isn't it?

Thats what I missed, it being listed! Ouch is all I can say!

phoebe1989seb

We don't live in Scotland and our house isn't listed, but it is over 200 years old, close to a stream (running through the garden) and thatched

When we purchased two years ago our previous insurers were happy to continue insuring us, but last year at renewal time they declined because of the thatched roof.

As the comparison sites were no use to us we were advised to try NFU - used by the previous owners - but their quote was ridiculously high. In the end we found a small local insurance co that specialise in period/thatched/listed properties. We currently pay around £800 pa for buildings and contents for our three storey 2500 sq ft house.........

IMHO it would definitely be worth trying some of the smaller, specialist insurers

agrinnall

Although my house isn't 200 years old and thatched it does have a non-standard roof covering (cedar shingles), and as with phoebe my previous insurer declined to continue cover and comparison sites came up with nothing useful. I eventually got quotes from Aviva and NFU (although the NFU underwriters then decided not to offer cover as the house is currently on the market) but I finally went to a local broker who managed to get me cover with Allianz at a relatively modest increase over what I'd been paying previously.

Your situation is obviously a bit different as it's arranged by the factor, but what I would do is in advance of the next renewal see what alternative cover you can find and present that to the factor - and if they refuse to change, well, perhaps you should consider a change of factor instead.

tim123456789

when I live in a "strange" block we got the best deal from ecclesiastical.

I guess that you are well within their specialisation.

tim

pawpurrs

I am with ecclestrial too, but through a broker, direct they were much higher, i pay around £600 for a three bed grade 2 listed 1400 house in a flood zone, but never flooded.

missile

Another reason to avoid listed buildings

pawpurrs

missile wrote: »

Another reason to avoid listed buildings

What a ridiculous
comment

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