Tribunal slams ‘connected’ leasehold insurance arrangement
A tribunal has ruled that leaseholders in a block of flats were overcharged by 145% after it had “not been presented with one item of documentary evidence to suggest that the insurance premiums for the building are competitive”.
The tribunal decided E&J Estates, which according to its website “manages the freeholds of over 1,600 buildings across the UK”, overcharged leaseholders in the flats at Hollins Court Bank in Blackburn
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