Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
I am the owner of a flat (1 of 4 in a converted house). Each of the owners is also a freeholder.
Recently one of the flat owners decided he no longer wants to contribute to the whole buildings insurance and would like to do his own insurance (for his flat only)!
If he does that then the remaining 3 owners will have to pay extra or if everyone does their own insurance the communal areas won’t be covered.
Has anyone been in this situation before and could offer some advise?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More