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Leasholder building insurance
SustainabilityMary
Posts: 15 Forumite
I have seen that there is a recent class action to reclaim buildig insurance commisions charged to leaseholds. See below for more information
Freeholders face class action over insurance commissions - Leasehold Knowledge Partnership
Will my landlord charge any legal fees in dedending this action to all leaseholers in the block?
Freeholders face class action over insurance commissions - Leasehold Knowledge Partnership
Will my landlord charge any legal fees in dedending this action to all leaseholers in the block?
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What does your contract say about this?SustainabilityMary said:I have seen that there is a recent class action to reclaim buildig insurance commisions charged to leaseholds. See below for more information
Freeholders face class action over insurance commissions - Leasehold Knowledge Partnership
Will my landlord charge any legal fees in dedending this action to all leaseholers in the block?Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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You lease agreement should state what the freeholder is allowed to charge for.
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