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Building Insurance through shared ownership party
OzKiwi265
Posts: 1 Newbie
Hi there, I own a shared ownership property of which i own 25% of the house, the rest i pay rent.
Building insurance is done through the housing Association who I pay the rent to. Each year the price of this goes up and up and this time we've been told to pay over a grand for the year. When i personally do a separate private quote, I can get this for just over £100 for the year worst case £750. Do I have any leg to stand on to refuse to pay their price of £1,000 when the supplier hasn't changed in 4 years and the letter we received basically said don't talk to them about the price of the renewal.
Building insurance is done through the housing Association who I pay the rent to. Each year the price of this goes up and up and this time we've been told to pay over a grand for the year. When i personally do a separate private quote, I can get this for just over £100 for the year worst case £750. Do I have any leg to stand on to refuse to pay their price of £1,000 when the supplier hasn't changed in 4 years and the letter we received basically said don't talk to them about the price of the renewal.
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Comments
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Is this a house or flat or....?
The housing association will be buying commercial property insurance not home insurance. Its a different product and is priced differently0
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