Leasehold Property Insurance – who insures what?

Leasehold property insurance

The lease usually requires the landlord to take out enough insurance (leasehold property insurance) for the building and its communal parts.

This will give the landlord the right to recover the cost of the premium of the leasehold property insurance through the service charges or as a separate charge forming part of the ground rent.

This policy does not normally cover contents or possessions of individual leaseholder’s flats.

Leaseholders who own flats within a building will still need to purchase their own contents insurance.

Get the best rates for from local Mortgage Advisers now!

Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan just enter your location in the form to answer a few questions and sit back. We’ll do all the legwork to put you in touch with great independent mortgage advisers near you!

 

Powered by Bark

 

Find the Best Rates from Local Mortgage Advisers!
Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Powered by Bark

Close
100% secure