June 17, 2024

Campaign against retirement leasehold exploitation tells minister leaseholders should be included in Flood Re insurance plan

Most flat owners remain excluded from Flood Re, the government’s scheme to ensure that flood-prone properties are covered by some form of insurance. Campaign against retirement leasehold exploitation has written to DEFRA Minister Dan Rogerson expressing its strong disappointment. Flood Re is a government-brokered deal with insurers that aims to ensure that those in homes […]

After homeowner gets £6,000 premium, will leasehold flood insurance be the latest scam?

Leasehold flood insurance: The owner of a leasehold house in Kingston, Surrey, has been quoted an insurance premium of £6,344 as a result of the flooding. And if he does get flooded, there will be a £10,000 excess – even though Kingston has been unaffected by the recent flooding. The owner, who rents out the […]