Leasehold Flat Buildings Insurance muddle!

eddddy

gatita said:

Thank you again e dddy   The building is an old Victorian house split into 2 flats. We own the top flat, and the Landlord the one underneath, so no block of flats.   I will do a search and see if I can find a Broker.

As bbat says - it's a block of flats for insurance purposes.

Any decent broker you speak to will realise that and offer the correct insurance, so it shouldn't be a problem.

But if you're not clear about this, it might be best not to buy anything online, without discussing it with the insurer first.

NameUnavailable

And when you tell them you're not the freeholder you'll hit a dead end.

canaldumidi

I don't understand.

There are 2 flats. The freeholder owns one of them. He may or may not have already insured the building. The lease may or may not require the leaseholder to insure, or the freeholder to insure.

Before you start googling insurance, or speaking to brokers, you should

a) read the lease and

b) go downstairs and speak to the freeholder

!

eddddy

canaldumidi said:

I don't understand.

There are 2 flats. The freeholder owns one of them. He may or may not have already insured the building. The lease may or may not require the leaseholder to insure, or the freeholder to insure.

Before you start googling insurance, or speaking to brokers, you should

a) read the lease and

b) go downstairs and speak to the freeholder

!

Maybe you missed the OP's second post...

• The OP has spoken to the freeholder.

• The elderly freeholder has a quote for buildings insurance.

• The elderly freeholder has asked the OP to get some more quotes - as a favour (hence Google and brokers)

• (I can't see any reason why an insurance broker would refuse to talk to the OP - who is enquiring on behalf of the freeholder.)

The freeholder and OP are the only interested parties.

So the freeholder and OP can agree to ignore what the lease says and agree to insure the building in any way they choose (e.g. one policy for the whole building or one policy for each flat)

canaldumidi

Ooooooops!