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Newsletter from the Leasehold Knowledge Partnership and APPG on leasehold and commonhold reform
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Financial Conduct Authority under pressure to force open secretive insurance commissions, so leaseholders can see what they are paying for

By Harry Scoffin on Nov 13, 2021 10:39 am
Financial Conduct Authority under pressure to force open secretive insurance commissions, so leaseholders can see what they are paying for

By Harry Scoffin

The City regulator is facing calls – long made by Leasehold Knowledge Partnership – to close a loophole that allows building owners to inflate insurance premiums, of which commissions as high as 72 per cent are being dumped on unsuspecting flat leaseholders.  

On Wednesday, the Independent reported that “LKP wants the Financial Conduct Authority to tweak its rules around insurance to recognise leaseholders as parties to buildings insurance policies taken out by freeholders.

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Leaseholder and ex-Number 10 advisor to David Cameron issues call for reform of property managers after Richard Davidoff case

By Sebastian O'Kelly on Nov 10, 2021 04:50 pm
Leaseholder and ex-Number 10 advisor to David Cameron issues call for reform of property managers after Richard Davidoff case

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Nick Hargrave: It’s time to put leasehold reform at the top of the agenda

Nick Hargrave is a former special adviser to David Cameron and Theresa May. He writes here in a personal capacity. One of my regrets from my time in Downing Street is that I didn’t do more to agitate on the subject of leasehold.

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