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Landlord insurance is crucial for any property owner who rents to tenants. Insurance for landlords provides cover to protect financial assets like property damage caused by bad weather, fire or theft. In addition, landlords can take out insurance to cover against losses caused by unpaid rent and third-party claims. Although not a legal requirement in all instances, except buildings’ insurance, most landlords view insurance as crucial for running a successful rental business.
Deciding on the right insurance policy to cover rental properties can be tricky. Landlord insurance can have higher premiums than a regular home and contents policy. Because of the higher costs, landlords may put off getting adequate coverage.
Let’s take a look at the ins’ and outs’ of landlord insurance. We recommend you do your own research, but hopefully this article will help you make an informed decision on getting adequate protection for your property.
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The National Residential Landlords Association (NRLA) is collaborating with The Dispute Service (TDS) and the Property Redress Scheme (PRS) to launch a pilot redress scheme designed to help tenants and landlords resolve disputes.
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Inflation rates are currently at their highest point for three decades, which is impacting everything from mortgage rates to the food we buy at supermarkets. It will also have an impact on the property market and here we look at the ways in which rising inflation could affect landlords over the next 12-18 months.
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The thought of buying your first home is exciting and it offers a way for you start making concentrate plans for your later years. As house prices continue to increase, first-time buyers need to take time to think about how they will raise the cash for their deposit and other expenses. If you’re not sure where to start, we’ve put together some helpful tips on how to budget for buying a new house as a first-time buyer.
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The Isle of Dogs in London E14 is a popular place for property investment because of the demand for property close to London’s Docklands and Canary Wharf. The Isle of Dogs is a lively community with a wide range of Victorian, Georgian, and Edwardian terraces and new build, modern multi-storey flats. In addition, property prices continue to rise. Therefore, it’s no wonder why the neighbourhood is on the rise as an attractive choice for investors.
Suppose you are thinking of investing in the London property market. What are the compelling reasons for considering a buy-to-let property in the Isle of Dogs? Please read on to find the answer.