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Leasehold

  • Leaseholders to gain new rights under FCA insurance reforms

    April 21, 2023

    The Financial Conduct Authority (FCA) has proposed insurance reforms to protect leaseholders from paying extortionate sums for insurance. Under the new plans, leaseholders will be defined as “customers of buildings insurance” and insurance firms will be obliged to act in the leaseholders’ best interests. A leaseholder is someone who has bought the right to live [...]

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