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URGENT ADVICE NEEDED - Landlord holding onto insurance payment
I am a leaseholder of a converted house (2 flats - 1 upstairs, 1 downstairs)
Whilst going through the purchase process for my flat, my solicitor did not advise me that I would need to take out the freeholder's (Landlord's) building insurance as part of the lease agreement. I also neglected to ask many questions, which I am now paying for!
It has been 2 years since I purchased the flat and 3 months ago water from in my flat caused damage to the floor and ruined the ceiling of the neighbour downstairs.
After a lengthy process, the Insurance company agreed to settle the claim, but the Landlord made a specific request that as the insured party, any payment for the settled claim should be made payable to HIS company, although the Insurance company said they would gladly make out the payment to me the affected party. The landlord declined, got paid the insurance settlement and has refused to answer any of my emails or calls, and has withheld the insurance payment.
I owe no service charges or, arrears for insurance payments.
To make matters worse, the builder who carried out the repairs on my flat has been demanding the remainder of his money for his work! This has been really, really stressful. I myself have had to borrow a significant amount of money to have paid him lump sums. I have emailed the landlord advising him of this (although he was already aware). I cannot believe someone could be so needlessly ruthless. PLEASE ADVISE as this is proving to be a real dilemma
Thank you.
Whilst going through the purchase process for my flat, my solicitor did not advise me that I would need to take out the freeholder's (Landlord's) building insurance as part of the lease agreement. I also neglected to ask many questions, which I am now paying for!
It has been 2 years since I purchased the flat and 3 months ago water from in my flat caused damage to the floor and ruined the ceiling of the neighbour downstairs.
After a lengthy process, the Insurance company agreed to settle the claim, but the Landlord made a specific request that as the insured party, any payment for the settled claim should be made payable to HIS company, although the Insurance company said they would gladly make out the payment to me the affected party. The landlord declined, got paid the insurance settlement and has refused to answer any of my emails or calls, and has withheld the insurance payment.
I owe no service charges or, arrears for insurance payments.
To make matters worse, the builder who carried out the repairs on my flat has been demanding the remainder of his money for his work! This has been really, really stressful. I myself have had to borrow a significant amount of money to have paid him lump sums. I have emailed the landlord advising him of this (although he was already aware). I cannot believe someone could be so needlessly ruthless. PLEASE ADVISE as this is proving to be a real dilemma
Thank you.
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