Building Insurance attached to lease

x_Wilco_x

I detect some commission changing hands... :think:

Doslos

dmg24 wrote: »

Is the insurance policy just for your property? Do the neighbours also pay the same amount?

THE NEIGHBOUR WITH 2 BED FLAT PAY THE SAME AMOUNT AS I DO.

dmg24

In that case, it is a huge amount.

As others have said, the amount in itself is unchallengeable. I would look into Right to Manage (seems to be my word of the day!).

Doslos

A Big Thank You To You All, I'm Grateful.

dmg24

Forgot to mention, on another thread I am trying to compile a list of managing agents to avoid. If you care to add yours to the list, the link is here:

http://forums.moneysavingexpert.com/showthread.html?t=521686

Doslos

I've Done It.

EdInvestor

Just to add that this extra charge on the insurance is normal for leasehold flats, it's not a sign of a bad managing agent.