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Found 4 results

  1. Hi there, I’m looking to set up landlords insurance for my first B2L. The property is a leasehold three bed terraced house and the management company already insure the building on a different policy. I’m wondering what further coverage is recommended? I’ve been told directline are quite good (?) and I was interested in their rent guarantee - is that worth doing? What else is essential? And what is advisable? Im due to speak to the broker who organised the buildings cover to check what is and isn’t covered under the existing buildings when a leaseholder lets out the property to tenants. I’d be very grateful for any help! Many thanks Daryl
  2. Anyone heard of this? I spotted it on a listing recently. From what I can gather it seems like an insurance based alternative to taking a 6 week deposit, where the tenant pays a non-refundable 1 week rent (insurance premium), in return for not having to put down a refundable (at risk) 6 week deposit. Meanwhile the landlord gets free rental/damage insurance cover for up to 8 weeks rent (where they previously only had 6 weeks and had to deal with deposit protection and arbitration etc.), and the agent takes a commission. In the event of a claim the company takes the role of final arbiter between tenant and landlord at no expense to the landlord. Sounds rational, assuming the economics of the business model are sustainable and you trust the claim/arbitration process. I’ve not gotten as far as reading the T’s and C’s. Anyone else come across this? https://reposit.co.uk/letting-agents/
  3. Hi guys, If your company has a R2R deal in place for a HMO, but is then using a management company for the property, do you require all of the insurances that you would need if you were to let the property out yourself? Thanks!
  4. Hi all Does anyone have any experience good or bad with, or know of how Advantage new build warranty provider are considered? I'm currently looking at an off plan opportunity with MCR Properties and Advantage are the insurer so conducting some due diligence. https://ahci.co.uk/ Appreciate any insights hubbers may have. Thanks James
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