Financial Conduct Authority and leaseholders property insurance commissions

Motion Text

That this House demands that the Financial Conduct Authority (FCA) requires its regulated entities to disclose to residential leaseholders all commissions, remuneration, other fees and excessive costs associated with property insurance premiums paid by the leaseholders; asks the FCA to note the unfair delays and unnecessary costs in the two and a half years of hearings involving Reich Insurance Group and Canary Riverside Estate Management and Octagon Overseas Limited; and asks Government to make sure leaseholders are given details without having to apply for the information or to go to the tribunal.