Landlord insurance might not be a legal requirement but it is a sensible step to take to protect you against unforeseen events. The right type of insurance can mean that you are covered for large pay outs which can be incredibly costly.
With the sun (hopefully) shining, the beach calling and the BBQ cooking we are officially in vacation time. The summer months are a time for your tenants to relax and forget their worries which might be the reason why burglaries peak during this season.
As a landlord you will want to protect your assets, one way to do this is through property insurance. When it comes to property insurance there are two separate valuations to use which dictate the amount of insurance. These are the property market value and its reinstatement value, and it is essential you see these as two different values.
As a landlord, you’ll want to do as much as you can to ensure your property and rental income is protected.
As you will know, it is always good to have the safety net of having the right insurance coverage in place, in case of any unexpected damage.
One of the most important elements of being a landlord is finding the right tenant for your property. Certain questions can be asked at outset to help you find the most fitting occupier for you and your property.
2015 feels like it is going to be a great year of growth for small businesses. Landlords are expected to lead the way with over half of UK landlords planning to expand their portfolio this year. If you are considering investing in multiple properties, here are our top tips to help you grow and thrive in the rental market:
The winter season is well and truly here and temperatures are beginning to plunge. Now is the time for landlords to ensure their small business rental properties are ready to take on these chillier months.
Your tenants will currently be busy preparing for the festive period, wrapping presents, buying the perfect Christmas dress and organising the feast. One thing that probably won’t be at the forefront of their minds is the risk of fire and theft. While Christmas day is one of the greatest days of the year, it is also unfortunately the worst for fire damage. This is closely followed by New Year’s Eve which sees a rise in burglaries.
We are all familiar with this old adage, but there is a reason it is still so prominent. Location is important to many types of businesses. Where you decide to set up a market stall, a salon or a shop can have a significant effect on its success. Location is never more important than when you are trying to decide where to buy a house- especially if you are going to rent it out.