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I have, I hope, a quick question regarding the subdivison of the cost of Building Insurance for a converted house.

The house has been converted into three flats two downstairs and one upstairs.

the upstairs flat occupies the whole of the first floor and is two bedroomed and the two ground floor flats occupy less than half of the floor (though they both have a rear extension).

Is there a general rule for proportioning the cost of the Buildings Insurance for each flat and does the leaseholder pay towards the cost.

 

regards

eeeni

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If you share the freehold then each pays its share. That will most likely be 1/3:1/3:1/3 unless the leases from that freehold specify otherwise. Size doesnt matter after all.

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