Hello,
I am trying to get a quote for a building insurance.
The property is a three storeys (plus roof extension) Victorian terrace house which has been converted into three flats owned by three different people.
The property is share of freehold where us leaseholders share the freehold jointly on the title deeds; however, one of the leaseholder says that if we were to set up a company which would own the freehold this would make our building insurance premium go down considerably.
Has anyone experience on this?
Thanks a lot.
I am trying to get a quote for a building insurance.
The property is a three storeys (plus roof extension) Victorian terrace house which has been converted into three flats owned by three different people.
The property is share of freehold where us leaseholders share the freehold jointly on the title deeds; however, one of the leaseholder says that if we were to set up a company which would own the freehold this would make our building insurance premium go down considerably.
Has anyone experience on this?
Thanks a lot.
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