Insurance

What Leaseholder Disclosure’s does the FCA specify?

The FCA mandates brokers to provide specified disclosures on freeholder insurance programmes.

This includes measures to ensure improved outcomes for leaseholders.

Broadly, the key areas are as follows:

1. Brokers to cease sharing remuneration with freeholders or managing agents unless “fair value” can be demonstrated. Fair value means that remuneration received by any party involved in the insurances are proportionate to the value brought to the programme and does not operate against the interests of leaseholders.
2. Disclosure any other form of income received by any party involved.
3. Provision of enhanced information to inform leaseholders better on the insurance arrangements and allow them to challenge where appropriate.
4. Measures to ensure that the interests of leaseholders have greater prominence in the design of insurance programmes.

We are completely supportive of the FCA’s requirements and hope that these will drive out the bad practices which exist at the margins of our sector.

Details of how to access the disclosures can be found in these FAQ’s. The 2026 Renewal disclosures should be available in early April 2026

Where can I find Leaseholder Disclosures and Policy Documents for my Home? Can I challenge your insurer’s premium level? What is the outcome of the March 2026 insurance renewal? Why Does my Freeholder Receive an Insurance Revenue? Do I need to have my mortgage company’s interest in the insurance policy noted? Why does the policy cover the Landlord’s Contents? What is the purpose of the Alternative Accommodation/Loss of Rent cover? Does an EWS1 Rating automatically reduce Insurance Rates? How are we approaching the 2026 insurance renewal? My block is awaiting removal of unsafe cladding. The building is safe to occupy however because we have waking watch/an upgraded fire alarm. Why did my premium still increase? Could alternative insurers offer a better price? I have never made a claim, shouldn’t my premium be lower? How can I ask any insurance questions not covered here? How can I obtain a copy of my insurance certificate? When do I have to pay my premium? Can I arrange insurance myself, without involving the landlord? Why does the landlord place insurance for its whole portfolio, not separately for each building? Why Does my landlord Arrange Cover against Terrorism? Am I in a flood risk area and how does that affect my insurance? How is my excess determined? How are premiums apportioned between the homeowners in my block? Penult Capital Partners Ltd arranges the insurance on our behalf.