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Cladding victims hit with 1,400% crippling insurance hikes with 'secret' commissions

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www.mirror.co.uk

Crippling insurance bills sent to cladding victims are loaded with “secret” commissions to freeholders, agents and brokers. The Sunday Mirror can reveal hefty kickbacks are often hidden in annual renewal demands – and some have risen 1,200 per cent Since the Grenfell Tower fire, which claimed 72 lives in 2017, some four million flats are caught up in the cladding and safety crisis.

High-rises which passed regulations are being re-inspected and leaseholders fear typical bills of £40,000 for repairs not covered by the freeholder, the developer or a government fund.

PM Boris Johnson has promised leaseholders will be protected from massive bills and an announcement is expected within weeks. What is your view?

Read more on mirror.co.uk
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