Building Insurance liability in Block of Flats

[loanarranger]

You are indeed correct but only in part; I manage a top floor flat for an overseas client, several years ago there was ingress of water into the second bedroom and because there were no breaks installed the Insurance Company fully covered the replacement of the floor; great but three years ago the same issue arose because there is a claimed defect on each of the blocks in the development, however the replacement flooring was done but with breaks fitted: as a result the Ins Co have agreed to replaced the buckled flooring in the second bedroom but this would stand out against the remaining flooring in the flat, the costs of which would be substantial, fortunately the tenants are not making a fuss but at some point it will be hands in the pocket time. So I would suggest if this were to occur as mentioned by Flying Freehold thus might have a similar outcome.