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


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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: