I pay annual 'ground rent' via an agency in london. Each year I get an insurance policy sent to me by a company on behalf of their clients, ie. those I pay the lease to. This year it has gone up and is not a competetive quote. It's the usual buildings cover including common areas, of which the only common bit is a garden path. The agents advise that I can't go to another insurance company without paying a release fee, therefore they appear to have me by the ..... But I suspect that I can let this policy lapse and take out a new one that will meet and exceed the requirements of the previous policy and notify the agents I have done so. Can anyone confirm this? Otherwise I'm tied in to the deal which isn't right.