Should we buy insurance cover against risk from terrorism? The FPRA replies: First, I would say check your leases to see if the insuring clauses say anything relevant. Whilst I agree the cost of terrorism insurance is high compared to normal cover, I think it is necessary and you should insure. It cannot be sensible […]
The cost charged to us by our freeholder for our block insurance has increased dramatically since the previous year. When questioned, the freeholder responded that this his whole insurance portfolio had suffered an increase. But why should we be penalised by being part of his portfolio? Also, the sum covered is automatically index linked, which […]
Do you consider Directors and Officers liability insurance necessary, and if so what amount of cover do you recommend? The FPRA replies: I see that you have 100% participation and self manage. In such circumstances your risks are relatively small, but it is still important that you maintain cover, especially with the raft of legislation […]
As a Tenants’ Association, we have been battling with the freeholder-managing agent (it is the same company) over a lack of maintenance, questionable services charges, and a failure to respond to our queries or show us supporting invoices. Rather than continuing to battle with him on the details and getting nowhere, we are considering changing […]
Our freeholder is trying to install a mobile phone mast on the roof our block. The majority of residents are against this. Is there anything we can do stop him? Could a way be for lessees to get together and buy the freehold? The FPRA replies: A few years ago several members were raising queries […]
