Michael Gove slams "neither fair nor decent" high premiums for leaseholders

apartment-blocks-uk

Gove wrote to the Financial Conduct Authority to respond to its interim findings on the key drivers of high premiums for buildings insurance for multiple-occupancy residential buildings.

In a letter to Sheldon Mills, FCA  executive director – consumers and competition, dated 13 May, Gove responded: “I welcome the focus on potential harms. I have previously expressed concerns regarding the affordability and availability of insurance for leaseholders in flats with fire safety issues.

“It is

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