The Reasonableness of Insurance Premiums
Leases generally require leaseholders to contribute to insurance of their block – whether by including the cost in the general service charges or by way of a separate charge known as an “insurance rent”. Tanfield Chambers' Mark Loveday details the way in which ‘reasonableness’ is determined.
See also this recent blog post from Leasehold Advisory Service.
Resource
This content was originally published on irpm.org.uk which is now a
part of The Property Institute.
