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rebuild cost


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  • 2 weeks later...
On 27/12/2016 at 6:18 PM, bil8999 said:

It's not surprising that replies are a bit thin on the ground This is a Landlord forum and you need an insurance or surveyor web site. Surely there are some on line tools that can provide the answers you are looking for.......but I'm not the one who is going to do the looking. ?

Good luck.

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No offence taken. I accept my posts can be a little blunt sometimes.

My thoughts:

Your question only really relates to freehold property because usually for leasehold the insurance is arranged by the freeholder or their managing agents. The value of that insurance will often include lots of common areas on a development that are not a specific part of a property

With freehold property the minimum insurance value is often specified by the mortgage lender as a condition of the loan. Most people I know use that figure which insurers increase each year in line with inflation.

So, for the vast majority of people, I don't think they ever think about rebuild costs.......but there will be someone out there who does.

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