Submitted on Friday 20th April 2018
Rejected on Tuesday 8th May 2018
Current status: Rejected
Rejection code: no-action (see below for details)
Make landlords insurance commission illegal where charged to occupiers
Thousands of landlords all over the country make millions of pounds in excess profit from flat and other owners, and commercial tenants by over-pricing buildings insurance premiums they recharge, then receiving secret commission back from insurers. This can be 3-4 times the actual premium or more.
One case is a small studio flat - the owner/occupier has a quote of £93, while the actual premium being charged is £433, plus an unjustified administration fee of £19.99 per flat.
The are endless cases that can be searched on the Lands Tribunal web site, and just one of these is reference CAM/00KF/LSC/2010/0111
Most of these cases are found in favour of the Applicant/occupier, proving that this is widespread, and should be legislated against to make the process unnecessary.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
Petitions need to call on the Government or Parliament to take a specific action.
We're not sure exactly what you'd like the Government or Parliament to do.
You could start a new petition explaining clearly what you would like the Government or Parliament to do. For example, you could start a new petition asking the Government and Parliament to make it illegal for freeholders to receive insurance commission, if that's what you want to happen.
18.220.136.165 Thu, 02 May 2024 12:03:20 +0100
