Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
20:42 PM, 30th October 2013
About 5 years ago
I am a leaseholder in a large block of flats built in 2007.
After two flats were severely damaged by water escaping through pipes our insurance had the excess for escape of water increased to £20,000. Year by year this was reduced to £12,000. However, last year the insurance company said this was an error and they would not include escape of water in our policy. Hence we now do not have any cover for escape of water.
My questions are:
Any advice or help would be most gratefully received.
I should mention that this escape of water was due to poor building by the developers and not the usual flooded bathroom. Hence the insurers probably consider the building as a whole a risk.
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