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<p>I urgently want to relieve the financial pressures facing leaseholders due to unfair
and unwarranted insurance premiums. <br> I have called on the FCA and the CMA to conduct
a review of the buildings insurance market to get to the bottom of concerning year-on-year
price increases, and the restricted cover on offer to leaseholders. The FCA is currently
collecting data on market conditions to inform their review. By better understanding
the root and scale of this issue in a thorough review, the Government can seek ways
to ensure leaseholders get the value for money they deserve. The review is part of
a wider raft of measures to protect innocent leaseholders from the impact of building
safety issues.</p>
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