WALTHAMSTOW: Residents charged "terrorism premium"

Stella Creasy is furious that constituents are being charged for a perceived threat of terrorism

Stella Creasy is furious that constituents are being charged for a perceived threat of terrorism

First published in News East London and West Essex Guardian Series: Photograph of the Author by , Web Editor

RESIDENTS are being forced to pay a premium on their home insurance due to a perceived threat of terrorism.

Freehold Managers Plc has notified leaseholders of Warner flats that they must pay an extra £68 due to the foiled plot in 2006 to blow up transatlantic airlines.

Three men from the borough were arrested and subsequently convicted of the terrorist offences, but five years later residents are seeing their bills rocket as a result.

As a condition of the freehold on the properties leaseholders must take out specific insurance with the company, leaving them with no choice but to pay up.

Walthamstow MP Stella Creasy said she was furious when her constituents informed her of the move, describing it as “extremely offensive”.

In an email sent to a concerned resident which has been seen by the Guardian, Helen Rosentreder, of the company’s insurance department, said: “In this day and age it is prudent for the landlord to cover any insured peril relevant to their portfolio.

“The Leasehold Valuation Tribunal in the past have confirmed that it is reasonable to include terrorism.

“This could not be deemed as miss-selling insurance.”

And referring to a report covering the terrorism case, she added: “Please find attached a newspaper article showing that terrorist activity has in the past been present in Walthamstow.”

In a letter to Emma Power, of Freehold Managers, Ms Creasy wrote: “The suggestion that the likelihood of further terrorism activities occurring in Walthamstow is such that additional premiums for buildings insurance are required is extremely offensive and unmerited.

“I believe this is both an unacceptable sleight on our local community and not an adequate basis on which to apply an additional cost to leaseholders.”

Ms Creasy has also writtten to the Residential Property Tribunal Service calling for it to act on the issue.

Later she added: “To exploit the sensitive and serious issue of terrorism in this way is insulting to our community and an inadequate reason for adding an extra £68 on to their fees.

“ I have asked the company to apologise to Walthamstow, and the Residential Property Valuation Tribunal to investigate if this charge can be overturned given the unfounded accusation on which it is based.

Residents affected by this who want to join in any attempt to challenge this should get in touch or join the Warner Action Group.”

Abdullah Ahmed Ali,27, Arafat Khan, 29, and Waheed Zaman, 26, of Walthamstow, and Tanvir Hussain, of Leyton, were convicted of terrorism offences after being arrested in 2006.

Comments (9)

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1:06pm Fri 8 Jul 11

tillytrotter says...

another way to make money ha thats a laugh. Flooding yes but terrorism what a load of old tosh. So there shoud be extra premiums to go on the tube, busses, aircraft, shopping, schools the list could go on. No one is safe whether at home or walking along the road why dont they get their act together and not provoke fury.
another way to make money ha thats a laugh. Flooding yes but terrorism what a load of old tosh. So there shoud be extra premiums to go on the tube, busses, aircraft, shopping, schools the list could go on. No one is safe whether at home or walking along the road why dont they get their act together and not provoke fury. tillytrotter
  • Score: 0

6:58pm Fri 8 Jul 11

mortgageman says...

What a SCAM!

The company has no morals!
What a SCAM! The company has no morals! mortgageman
  • Score: 0

9:55pm Fri 8 Jul 11

mdj says...

It's a funny sort of contract that can be imposed on one party by the other, without negotiation: would the freeholder like to show copies of the new insurance to the leaseholders, indicating the real cost of this enhanced premium? It is, of course, a criminal offence to demand money under false pretences. There are also laws against unfair contract terms that leaseholders may usefully look up.
It's a funny sort of contract that can be imposed on one party by the other, without negotiation: would the freeholder like to show copies of the new insurance to the leaseholders, indicating the real cost of this enhanced premium? It is, of course, a criminal offence to demand money under false pretences. There are also laws against unfair contract terms that leaseholders may usefully look up. mdj
  • Score: 0

2:11am Sat 9 Jul 11

Phoney Investigations says...

An extra premium of £68 a year for insurance against terrorism, a risk excluded from most household policies, is fully justified in Walthamstow, Luton and High Wycombe, just three of the districts where domestic bomb making seems a more popular hobby than in other parts of Britain! I would want more than £68 a day to live in some parts of Tower Hamlets or Walthamstow! Multiculturalism has its price - thank you Messrs Blair and Brown!! Stella Creasy should get real and start blaming those who imported these problems and not property owners who are likely victims of future atrocities!
An extra premium of £68 a year for insurance against terrorism, a risk excluded from most household policies, is fully justified in Walthamstow, Luton and High Wycombe, just three of the districts where domestic bomb making seems a more popular hobby than in other parts of Britain! I would want more than £68 a day to live in some parts of Tower Hamlets or Walthamstow! Multiculturalism has its price - thank you Messrs Blair and Brown!! Stella Creasy should get real and start blaming those who imported these problems and not property owners who are likely victims of future atrocities! Phoney Investigations
  • Score: 0

12:17pm Sat 9 Jul 11

Helen, Walthamstow says...

Phoney Investigations wrote:
An extra premium of £68 a year for insurance against terrorism, a risk excluded from most household policies, is fully justified in Walthamstow, Luton and High Wycombe, just three of the districts where domestic bomb making seems a more popular hobby than in other parts of Britain! I would want more than £68 a day to live in some parts of Tower Hamlets or Walthamstow! Multiculturalism has its price - thank you Messrs Blair and Brown!! Stella Creasy should get real and start blaming those who imported these problems and not property owners who are likely victims of future atrocities!
What a ridiculous comment!

Domestic bomb-making "a popular hobby" in Walthamstow? Property owners "the likely victims of future atrocities"?

You're the one who needs to get real and stop building a single event into a mass threat.
[quote][p][bold]Phoney Investigations[/bold] wrote: An extra premium of £68 a year for insurance against terrorism, a risk excluded from most household policies, is fully justified in Walthamstow, Luton and High Wycombe, just three of the districts where domestic bomb making seems a more popular hobby than in other parts of Britain! I would want more than £68 a day to live in some parts of Tower Hamlets or Walthamstow! Multiculturalism has its price - thank you Messrs Blair and Brown!! Stella Creasy should get real and start blaming those who imported these problems and not property owners who are likely victims of future atrocities![/p][/quote]What a ridiculous comment! Domestic bomb-making "a popular hobby" in Walthamstow? Property owners "the likely victims of future atrocities"? You're the one who needs to get real and stop building a single event into a mass threat. Helen, Walthamstow
  • Score: 0

9:57pm Sat 9 Jul 11

Phoney Investigations says...

Dear Helen: Please read carefully, think and inwardly digest! I did not say it was popular - just more popular! Domestic bomb making is quite unheard of in most places in the UK whilst the risk of it occurring in Walthamstow has clearly been calculated by the insurers on a skilled actuarial basis! For example if there are no likely bomb makers in Chigwell and only one in Leyton - the comparative risk to properties in Leyton is increased by 100% Trouble is that failure to observe health and safety regulations distributes the risk over wide areas! Just make sure you don't live next door to a bomb factory!
Dear Helen: Please read carefully, think and inwardly digest! I did not say it was popular - just more popular! Domestic bomb making is quite unheard of in most places in the UK whilst the risk of it occurring in Walthamstow has clearly been calculated by the insurers on a skilled actuarial basis! For example if there are no likely bomb makers in Chigwell and only one in Leyton - the comparative risk to properties in Leyton is increased by 100% Trouble is that failure to observe health and safety regulations distributes the risk over wide areas! Just make sure you don't live next door to a bomb factory! Phoney Investigations
  • Score: 0

11:06am Sun 10 Jul 11

Robert19 says...

Phoney Investigations wrote:
Dear Helen: Please read carefully, think and inwardly digest! I did not say it was popular - just more popular! Domestic bomb making is quite unheard of in most places in the UK whilst the risk of it occurring in Walthamstow has clearly been calculated by the insurers on a skilled actuarial basis! For example if there are no likely bomb makers in Chigwell and only one in Leyton - the comparative risk to properties in Leyton is increased by 100% Trouble is that failure to observe health and safety regulations distributes the risk over wide areas! Just make sure you don't live next door to a bomb factory!
You are digging yourself into an even deeper hole. Are you in fact saying that the bombers should follow health and safety regulations? Perhaps they and their premises should be required to be licensed with a proper risk assessment!! Thus taking it from a hobby to a proper salaried job? You are writing absolute rubbish.
[quote][p][bold]Phoney Investigations[/bold] wrote: Dear Helen: Please read carefully, think and inwardly digest! I did not say it was popular - just more popular! Domestic bomb making is quite unheard of in most places in the UK whilst the risk of it occurring in Walthamstow has clearly been calculated by the insurers on a skilled actuarial basis! For example if there are no likely bomb makers in Chigwell and only one in Leyton - the comparative risk to properties in Leyton is increased by 100% Trouble is that failure to observe health and safety regulations distributes the risk over wide areas! Just make sure you don't live next door to a bomb factory![/p][/quote]You are digging yourself into an even deeper hole. Are you in fact saying that the bombers should follow health and safety regulations? Perhaps they and their premises should be required to be licensed with a proper risk assessment!! Thus taking it from a hobby to a proper salaried job? You are writing absolute rubbish. Robert19
  • Score: 0

7:44pm Sun 10 Jul 11

Phoney Investigations says...

Now that I've added Robert19 to my list of fans may I also suggest to him that he examines exactly what I write with care and deliberation! Where do I suggest that bombmakers should or would ever licence their actvities? If Bob can suggest how they can be persuaded to do so I suggest that he tells Scotland Yard as he should whenever he sees a large truckload of agriculural fertilizer being delivered for a neighbour's allotment!
Now that I've added Robert19 to my list of fans may I also suggest to him that he examines exactly what I write with care and deliberation! Where do I suggest that bombmakers should or would ever licence their actvities? If Bob can suggest how they can be persuaded to do so I suggest that he tells Scotland Yard as he should whenever he sees a large truckload of agriculural fertilizer being delivered for a neighbour's allotment! Phoney Investigations
  • Score: 0

5:07pm Tue 12 Jul 11

larnosi1 says...

Have a look at this:

http://insurance-wat
ch.blogspot.com
Have a look at this: http://insurance-wat ch.blogspot.com larnosi1
  • Score: 0

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