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Buildings Insurance

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Author Topic: Buildings Insurance  (Read 54 times)
Newbie
Posts: 1

I like property

« on: January 26, 2020, 12:49:09 PM »

Hi everyone and good to join the group
Relatively new to being a landlord so up for all advice, TIA

My first question  is...

I am the lease holder of one of three flats
The lease is now 70 yrs so asked the freeholder to extend
He came back to me and offered the freehold which in reflection seemed a better option
He had no interest in the block so we all were left to our own
I wish to bring everything up to date the first is ...building insurance

Currently we all purchase individual buildings and contents insurance which seems strange
I have contacted the other two leaseholders who agree
I want to have one buildings insurance for the three flats and split accordingly

Any advice and suggestion companys etc who would be recommended

Many Thanks
Accidental Landlord
Jr. Member
Posts: 70

Just trying my best

« Reply #1 on: January 29, 2020, 07:32:48 PM »

My freeholder uses Zurich for ours. We pay via a service fee yearly. I'm not sure if you (3) need to set up a management company?
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