Buildings insurance query - share of freehold

[Sazzle30]

We are the top flat in a maisonette and as a result we share the free hold with the flat downstairs. At the moment we use a broker to insure both properties under one policy as effectively for buildings insurance it?s one property ie we share the roof.

The broker we use are really expensive and we inherited them when we bought the property ( the previous owners had landlords insurance).

Therefore I was wondering how/where others in this situation get their insurance. I suppose we could have separate policies but that would make the property duel insured and that would mean that we could only claim on one policy meaning one of the flats would take a hit on their premium.

If anyone has any advice that would be great.

Thanks

[char1i3]

A freehold building needs one insurance policy. You can be joint holders of the policy. Just go on a price comparison website for buildings insurance and choose the cheapest policy? Or call an insurance broker that offers buildings insurance?

You should have three policies - you have a contents policy, the other freeholder has a contents policy, and you both share a freehold buildings insurance policy.

[Sazzle30]

Thanks looked into it you need landlords building policy as both freeholders are effectively landlords of the flats we live in. Used a broker called Towergate as recommended by another forumite. Standard buildings don?t cover the property as it?s not owned by the sole freeholder as in a normal house.

[mrsilencio]

I'm in exactly the same situation. Looked around a couple of years ago but didn't get very far. We insure through Heritage insurance.

[raerae]

I used Westfield Insurance brokers when I insured my property- same situation, 3 x share of freehold flats with one buildings insurance policy where we were all named. They were good and sent through competitive quotes.

[Sazzle30]

Thanks everyone