We are required by our lease to insure our individual flats with RSA.
However RSA has told us that of the thousands of blocks of flats that they
insure, the buildings insurance is carried by the respective managing agent
s / freeholders, and the costs are then passed on to leaseholders through t
he annual Service Charge.
That is except for just one block - ours!!! Our lease - ancient as it is an
d dating from the early 1960s - has never been updated since. And it stipul
ates that each leaseholder should take out buildings insurance for his / he
r flat independently of the other leaseholders.
It is a nightmare right now for RSA and residents because frequently we are
subject to criminal damage or vandalism - mainly from social tenants of 'b
y-to-let' leaseholds. And there appears to be no insurance cover for the co
mmunal parts of the building - corridors, stairwell, fire doors, outer fabr
The managing agents and freeholders are refusing point blank to normalise t
he building insurance in a group policy.
Is there any legal action that we as leaseholders can take to force the man
aging agents / freeholders to take out a block insurance policy? Even RSA h
asn't been able to persuade them to do so so far.
Thanks - Chris B.
- posted 4 years ago