Recent government help to enable people to buy a home with a lower deposit has meant that a growing number of houses and flats are purchased as a buy to let property. At Central Mortgages we aim to advise would-be landlords on issues that relate to buy to let mortgages, and to provide information on insurance issues. If you are considering a buy to let mortgage, this information on the kind of insurance you should think about is designed to help you.
Comprehensive Buy to Let Insurance
As a landlord you are responsible for the state of your property and what might happen to it in the future. There are plenty of insurance companies offering buy to let insurance for landlords, and at Central Mortgages we believe itbs best to look for a fully comprehensive policy for your property. Some of the best insurance deals for buy to let property owners come from established providers.
An inclusive policy should include cover for both building and contents, particularly if your property is let as part furnished. At Central Mortgages, we aim to give you professional advice on finding the best type of insurance for your property and personal budget.
Accidental Damage
No matter how good your tenants might be, there are sometimes going to be incidents of accidental damage to your property, which could prove expensive to fix. Some policies for buy to let properties also include things like accidental damage cover, and the cost of alternative accommodation for tenants should significant damage occur. Contact us at any time for more buy to let insurance advice.
Comments