Freeholder buildings insurance

london_79

Hi all,
Looking for some guidance.

I own the freehold for my whole building, which is made up of two flats. Si am responsible for obtaining buildings insurance.
It is a converted Victorian era property in London.

I own the ground floor flat and upstairs is owned by someone else with their own leasehold.
I thought this would be a fairly standard setup.

I am struggling to get a competitive buildings insurance quote. As insurers say I need commercial insurance/multi flat insurance or just won't quote as its two separate properties. 

Any advise on where to look?
Thanks Anthony 

user1977

london_79 said:

As insurers say I need commercial insurance/multi flat insurance 

Well, you do, as it's a multi-flat setup. Are you saying you still can't get any quotes? Not sure what you mean by "competitive", surely it depends on the range of quotes you get?

What sort of insurance have you currently got?

DullGreyGuy

london_79 said:

I am struggling to get a competitive buildings insurance quote. As insurers say I need commercial insurance/multi flat insurance or just won't quote as it's two separate properties. 

Yes, it's called Block Insurance (short for block of flats) and is a form of commercial property insurance. It's sold only via intermediaries and not on comparison websites so it's a case of contacting some local brokers for a quote. If you google there are a couple of intermediaries claiming to specialise in tiny blocks (eg converted houses) but no idea if they are any more competitive on price or the quality of the product. 

Bob_Bridges

In the same situation here. Trying to find freeholder insurance is a real pain.

I live in the upstairs maisonette and own the freehold which includes the flat on the ground floor.

Cannot find anything on mainstream insurance companies.

Will post links if I find anything useful via brokers.

Good luck !