I own a converted flat.
It has just one other flat in the building.
From the street it looks like the building is a detached house, because the two flats share the same entrance hallway.
The freeholder arranges buildings insurance and the agreement states the leaseholder must pay 50% of the insurance cost, but is not allowed to actually sort out the insurance, that has to be the freeholder only.
All I can get is written confirmation that the building is insured and for how much.
When I called the insurance company they said the cost of re-building in event of a fire, for example, is different to the market value, but they wouldn't tell me how I can know whether the freeholder has insured it to the rift amount.
I am a little worried about this encase the freeholder is pretty tight fisted over everything else and I don't know if the insurance would cover the full amount.
Does anyone know who I could ask to find out what an appropriate and realistic amount would be?