I bought my flat 2 years ago and it is leasehold. Since then I have paid astronomical prices for the building insurance to my leaseholder, I asked him if it would be possible to review the policy and see if we could get it cheaper from another source, he agreed and I am in the process of doing so. However I have no idea how to go about getting quotes in regard to this situation.
The house was converted into 5 flats and an extension was built to create a sixth. Three of the flats are owned by the leaseholder who uses one himself as his business address, one is empty and one he rents out. The others three flats are all owned privately and the owners are resident. My problem is the rented property, it would appear that on our insurance it states that this is a landlord building insurance but that only aplys to one of the flats. Does anyone know the correct method for insuring properties of this nature? I dont seem to be able to use the price comparison websites due to it being multiple properties in one house, any other suggestions as to how I can find the best quote?
Many thanks for your help and advice.