We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Building Insurance through shared ownership party
Options
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.
0
Comments
-
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
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards