Landlord Insurance
Landlord insurance is a type of insurance that protects landlords from financial losses associated with renting out a property. It typically covers the following:
– Buildings insurance: This covers the cost of repairing or rebuilding the property if it is damaged by fire, flood, storm, or other natural disaster.
– Contents insurance: This covers the cost of replacing the landlord’s belongings in the property if they are damaged or stolen.
– Landlord liability insurance: This covers the landlord if they are sued by a tenant or third party for damages caused by the property.
– Loss of rent insurance: This covers the landlord if they lose rent due to a tenant vacating the property early or causing damage that prevents the property from being rented.
– Tenant default insurance: This covers the landlord for the cost of repossessing the property and evicting a tenant who has not paid rent.
– Liability Insurance: to cover you if youβre taken to court β this type of insurance can include property ownersβ public liability or employersβ liability.
– Unoccupied property insurance: to cover you in-between tenants. Ordinary home insurance will not normally cover a rental property as you are not living there. Regular home insurance is not designed for the specific situations that you might face as a landlord or claims made against you by your tenants.
It depends on a few factors. Letβs take a look at the options and see why you might need them.Β
– Landlord Buildings Insurance: This covers you for loss or damage caused to the building itself and could re-imburse you if your property is damaged due to fire or flood etc. Some buildings insurance covers malicious damage caused by tenants.
– Landlord Contents Insurance: Your tenants are responsible for insuring their own personal belongings but if youβre renting out a furnished property you might want contents insurance to cover the things you own. You could also add accidental damage cover to your landlord insurance, which would cover spills, breakages or damages caused by your tenants. If youβre renting out multiple flats you could get contents cover for communal areas such as halls, receptions, stairs and landings. Many policies include this cover as standard and you can tailor its limit to your needs.
– Property Owners / Public Liability Insurance: Public liability insurance will cover you for your legal defence costs and expenses, as well as any damages that may be awarded if one of your tenants has an accident at your rental property and considers it to be your fault.
– Employers Liability Insurance: This is a legal requirement if you employ anyone at your rental property who is directly under your supervision and control. This might be a cleaner or gardener or even a volunteer. You will be responsible by law for arranging employersβ liability insurance to cover you for legal defence costs and any awards made for accidental bodily injury, illness or disease caused to staff due to your negligence.
– Unoccupied Property Cover: Usually βunoccupiedβ means thereβs no one living at the property for over 30 days and so this type of cover might be useful if you need to make renovations to the house or flat before you rent it, or if you are in-between tenants. Because the extent and cover of Landlord Insurance premiums vary, make sure you compare what is actually covered within your policy to ensure that you are getting the best and most appropriate deal for you. If you rent out multiple properties you can either take out individual policies on each property or have a multi property policy.
Landlord insurance is not a legal requirement in the UK, but it is highly recommended. Without landlord insurance, landlords could be left financially devastated if something goes wrong with their rental property.
Here are some of the reasons why you would need landlord insurance in the UK:
– To protect your investment: Your rental property is a valuable asset, and landlord insurance can help protect it from damage or loss.
– To cover your legal liability: If a tenant is injured in your property, you could be sued. Landlord insurance can help cover the cost of legal fees and damages.
– To protect your income: If a tenant leaves your property early or causes damage that makes it uninhabitable, you could lose rent. Landlord insurance can help cover these losses.
– To give you peace of mind: Landlord insurance can give you peace of mind knowing that you are protected financially if something goes wrong with your rental property.
Β
If youβd like to speak to a protection adviser to find out more about General Home Insurances, please feel free toβ―connect with us and we will carry out quotes for you.
Read some of our blogs specifically for Landlords
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If you`re a member of the Armed Forces and need mortgage advice - we`re here to support you.β£
β£
We`re a team of (ex-military) Mortgage Advisors, who understand the pressures you face and speak your language - from the terminology to the banter of service life. β£
β£
We can even read military pay statements! β£
β£
Visit our website to learn more (π in bio) or give us a call on 0800 612 5596.β£
β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#armedforces #militaryfamily #ukarmedforces #ukmilitary #ukveterans #forcesfamilies #ukveteranowned #mortgagebroker
If you`re a member of the Armed Forces and need mortgage advice - we`re here to support you.β£
β£
We`re a team of (ex-military) Mortgage Advisors, who understand the pressures you face and speak your language - from the terminology to the banter of service life. β£
β£
We can even read military pay statements! β£
β£
Visit our website to learn more (π in bio) or give us a call on 0800 612 5596.β£
β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#armedforces #militaryfamily #ukarmedforces #ukmilitary #ukveterans #forcesfamilies #ukveteranowned #mortgagebroker
Worried about the unexpected?β£
β£
Income protection insurance can provide you with a monthly income to replace any lost income if an accident or sickness keeps you from working.β£
β£
But do you really need it? β£
β£
The truth is, no one likes to think about the what-ifs, but it`s always better to be cautious and ensure you`re well-covered. You can breathe a little easier, knowing that your financial well-being is safeguarded.β£
β£
If you`d like help in finding the right policy for you, our insurance advisor Kelly is on hand. Send us a message, or call us on 0800 612 5596.β£
β£
β£
...β£
β£
#incomeprotection #financialplanning #moneylessons #mortgagebrokers #mortgageprotection
Worried about the unexpected?β£
β£
Income protection insurance can provide you with a monthly income to replace any lost income if an accident or sickness keeps you from working.β£
β£
But do you really need it? β£
β£
The truth is, no one likes to think about the what-ifs, but it`s always better to be cautious and ensure you`re well-covered. You can breathe a little easier, knowing that your financial well-being is safeguarded.β£
β£
If you`d like help in finding the right policy for you, our insurance advisor Kelly is on hand. Send us a message, or call us on 0800 612 5596.β£
β£
β£
...β£
β£
#incomeprotection #financialplanning #moneylessons #mortgagebrokers #mortgageprotection
If your mortgage application gets refused, donβt think thatβs it.β£
β£
Our experts know the market inside out and can help you find lenders more inclined to consider your circumstances and process your application. Give us a call on 0800 612 5596 or tap the link in our bio.β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#mortgageadvice #mortgagehomes #propertymarket #hampshirelife #mortgageprocess #mortgagebrokeruk #homeuk #mortagebrokers #homeownership #dreamhome
If your mortgage application gets refused, donβt think thatβs it.β£
β£
Our experts know the market inside out and can help you find lenders more inclined to consider your circumstances and process your application. Give us a call on 0800 612 5596 or tap the link in our bio.β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#mortgageadvice #mortgagehomes #propertymarket #hampshirelife #mortgageprocess #mortgagebrokeruk #homeuk #mortagebrokers #homeownership #dreamhome
Arranging a mortgage can be extremely time-consuming and stressful - so we aim to make it easy! β£
β£
ππ» Appointments at a time and place that suits you (including out-of-hours)β£
β£
ππ» We don`t charge a broker feeβ£
β£
ππ» We search a comprehensive panel of lenders to ensure you`re provided with the most suitable recommendation for your unique circumstancesβ£
β£
ππ» We cut through the jargon and are always on hand to answer your questionsβ£
β£
ππ» You`ll have a single point of contact and be able to easily track the progress of your application. β£
β£
ππ» Your mortgage is not just another mortgage to us β we know this is your home and probably your largest financial commitment, and we want to make it as simple as possible for you.β£
β£
Tap the link in our bio to learn more!β£
β£
β£
...β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#loveproperty #housebuying #movehouse #ukmortgages #mortgageadvice
Arranging a mortgage can be extremely time-consuming and stressful - so we aim to make it easy! β£
β£
ππ» Appointments at a time and place that suits you (including out-of-hours)β£
β£
ππ» We don`t charge a broker feeβ£
β£
ππ» We search a comprehensive panel of lenders to ensure you`re provided with the most suitable recommendation for your unique circumstancesβ£
β£
ππ» We cut through the jargon and are always on hand to answer your questionsβ£
β£
ππ» You`ll have a single point of contact and be able to easily track the progress of your application. β£
β£
ππ» Your mortgage is not just another mortgage to us β we know this is your home and probably your largest financial commitment, and we want to make it as simple as possible for you.β£
β£
Tap the link in our bio to learn more!β£
β£
β£
...β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#loveproperty #housebuying #movehouse #ukmortgages #mortgageadvice
Excited for Army V Navy rugby at Twickenham! Who`s your bet on? Andy`s team Army, Amanda`s team Navy, and the rest of us? We`ll be busy enjoying the ice-cold refreshments! π»β£
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#armyvnavy #armyvnavyrugby #armynavy #armynavyrugby #twickenhamstadium #mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness
Excited for Army V Navy rugby at Twickenham! Who`s your bet on? Andy`s team Army, Amanda`s team Navy, and the rest of us? We`ll be busy enjoying the ice-cold refreshments! π»β£
β£
...β£
β£
#armyvnavy #armyvnavyrugby #armynavy #armynavyrugby #twickenhamstadium #mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness
House hunting this weekend? It can be easy for things to slip your mind when you arrive at a house viewing. So, before you head out, create a list of your must-haves and questions to ask.β£
β£
Here are some things you might want to include:β£
β£
πΉ Take a walk around the neighbourhood, does it have the sense of community and the amenities you`re looking for?β£
β£
πΉ Ask about the fixtures and fittings included in the sale.β£
β£
πΉ Enquire about any work done to the house and if proper permission was sought.β£
β£
πΉ Keep an eye out for any signs of damp, plumbing issues, electrical problems, or ageing to the roof.β£
β£
πΉ Imagine yourself living in the space. Is there enough space for your furniture and belongings? Are the sockets in convenient places?β£
β£
πΉ Most importantly, ask yourself if it`s the type of place you want to call home.β£
β£
Do you have other house-hunting tips to share? Leave them in the comments below! And remember to save this for later.β£
β£
...β£
β£
#housebuyingtips #houseviewing #housebuying #movehouse #ukmortgages #mortgageadvice
House hunting this weekend? It can be easy for things to slip your mind when you arrive at a house viewing. So, before you head out, create a list of your must-haves and questions to ask.β£
β£
Here are some things you might want to include:β£
β£
πΉ Take a walk around the neighbourhood, does it have the sense of community and the amenities you`re looking for?β£
β£
πΉ Ask about the fixtures and fittings included in the sale.β£
β£
πΉ Enquire about any work done to the house and if proper permission was sought.β£
β£
πΉ Keep an eye out for any signs of damp, plumbing issues, electrical problems, or ageing to the roof.β£
β£
πΉ Imagine yourself living in the space. Is there enough space for your furniture and belongings? Are the sockets in convenient places?β£
β£
πΉ Most importantly, ask yourself if it`s the type of place you want to call home.β£
β£
Do you have other house-hunting tips to share? Leave them in the comments below! And remember to save this for later.β£
β£
...β£
β£
#housebuyingtips #houseviewing #housebuying #movehouse #ukmortgages #mortgageadvice
Choosing the right mortgage can be daunting, but making a smart decision is really important for your financial health. β£
β£
So, let`s break down the difference between fixed rate and variable rate mortgages.β£
β£
π Fixed rateβ£
β£
The interest rate is fixed for an agreed period of time (usually between two and five or ten years). β£
β£
While the interest rates are usually higher than for variable mortgages, you have the security of knowing it wonβt rise.β£
β£
π Variable rateβ£
β£
The interest rate can go up or down in accordance with the lender`s base rate. β£
β£
This means that your monthly payments may fluctuate, but you could potentially benefit from lower interest rates if the base rate drops.β£
β£
We`re here to help you weigh the pros and cons for your unique situation. Don`t hesitate to reach out with questions, and hit follow for more tips.β£
β£
...β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#firsttimebuyeruk #firstimehomebuyers #propertyladder #firsttimehomeowners #firsttimebuyertips
Choosing the right mortgage can be daunting, but making a smart decision is really important for your financial health. β£
β£
So, let`s break down the difference between fixed rate and variable rate mortgages.β£
β£
π Fixed rateβ£
β£
The interest rate is fixed for an agreed period of time (usually between two and five or ten years). β£
β£
While the interest rates are usually higher than for variable mortgages, you have the security of knowing it wonβt rise.β£
β£
π Variable rateβ£
β£
The interest rate can go up or down in accordance with the lender`s base rate. β£
β£
This means that your monthly payments may fluctuate, but you could potentially benefit from lower interest rates if the base rate drops.β£
β£
We`re here to help you weigh the pros and cons for your unique situation. Don`t hesitate to reach out with questions, and hit follow for more tips.β£
β£
...β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#firsttimebuyeruk #firstimehomebuyers #propertyladder #firsttimehomeowners #firsttimebuyertips
Considering paying off your mortgage early? Here are some key things to consider:β£
β£
πΉ If you have an incentivised or discounted mortgage deal, paying it off early could lead to hefty penalties. β£
β£
Before making a decision, be sure to calculate if the potential interest savings outweigh the early repayment charges.β£
β£
πΈ Take into account your mortgage interest rate compared to other types of borrowing. β£
β£
If you have other loans or credit card debt with higher interest rates, it might be better for your overall financial health to pay those debts off first.β£
β£
πΉ Ensure that it makes financial sense for your specific circumstances. β£
β£
If you stand to lose a significant amount of money, itβs clearly not a good idea, regardless of how good it might sound to say that youβre mortgage-free.β£
β£
We`re here to guide you through the various pitfalls involved in obtaining a mortgage, remortgaging and even paying off your mortgage.β£
β£
And the best bit is... We don`t charge a broker fee!β£
β£
Tap the link in our bio to learn more or call us on 0800 612 5596.β£
β£
And remember to save this for later!β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#payoffmortgage #payoffdebt #homeownerlife #homeownertips #homeownergoals #moneytips
Considering paying off your mortgage early? Here are some key things to consider:β£
β£
πΉ If you have an incentivised or discounted mortgage deal, paying it off early could lead to hefty penalties. β£
β£
Before making a decision, be sure to calculate if the potential interest savings outweigh the early repayment charges.β£
β£
πΈ Take into account your mortgage interest rate compared to other types of borrowing. β£
β£
If you have other loans or credit card debt with higher interest rates, it might be better for your overall financial health to pay those debts off first.β£
β£
πΉ Ensure that it makes financial sense for your specific circumstances. β£
β£
If you stand to lose a significant amount of money, itβs clearly not a good idea, regardless of how good it might sound to say that youβre mortgage-free.β£
β£
We`re here to guide you through the various pitfalls involved in obtaining a mortgage, remortgaging and even paying off your mortgage.β£
β£
And the best bit is... We don`t charge a broker fee!β£
β£
Tap the link in our bio to learn more or call us on 0800 612 5596.β£
β£
And remember to save this for later!β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#payoffmortgage #payoffdebt #homeownerlife #homeownertips #homeownergoals #moneytips
Being a small team that really loves helping people buy, remortgage, and protect their homes, we couldn`t be more proud to be rated 5 stars on Trustindex! π With over 230 reviews from happy clients, it just goes to show the care and expert knowledge our team put into their work.β£
β£
And the best bit? We don`t charge a broker fee!β£
β£
Tap the link in our bio to learn more, or give us a call on 0800 612 5596 to arrange a chat. β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness #ukpropertymarket
Being a small team that really loves helping people buy, remortgage, and protect their homes, we couldn`t be more proud to be rated 5 stars on Trustindex! π With over 230 reviews from happy clients, it just goes to show the care and expert knowledge our team put into their work.β£
β£
And the best bit? We don`t charge a broker fee!β£
β£
Tap the link in our bio to learn more, or give us a call on 0800 612 5596 to arrange a chat. β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#mortgageadvisor #nobrokerfee #dorset #mortgagesmadesimple #dorsetbusiness #ukpropertymarket
It`s no secret that improving your home is a great way to increase it`s value, and the benefits extend beyond the indoors.β£
β£
By transforming your outdoor space, you will add value and create an inviting oasis for entertaining and unwinding.β£
β£
Need to free up some cash to bring your dream space to life? A remortgage could be the solution!β£
β£
Get in touch and we`ll evaluate your situation and help you make informed decisions on the remortgage options available to you. β£
β£
And did we mention - we don`t charge a broker fee!β£
β£
Send us a DM or call us on 0800 612 5596 to chat with one of our mortgage advisors.β£
β£
...β£
β£
#loveproperty #houseowner #homeownerlife #homeownertips #homeimprovement #loveyourhome #moneymanagementtips
It`s no secret that improving your home is a great way to increase it`s value, and the benefits extend beyond the indoors.β£
β£
By transforming your outdoor space, you will add value and create an inviting oasis for entertaining and unwinding.β£
β£
Need to free up some cash to bring your dream space to life? A remortgage could be the solution!β£
β£
Get in touch and we`ll evaluate your situation and help you make informed decisions on the remortgage options available to you. β£
β£
And did we mention - we don`t charge a broker fee!β£
β£
Send us a DM or call us on 0800 612 5596 to chat with one of our mortgage advisors.β£
β£
...β£
β£
#loveproperty #houseowner #homeownerlife #homeownertips #homeimprovement #loveyourhome #moneymanagementtips
Getting a mortgage on a non-standard property may involve higher interest rates or larger deposit requirements, but with careful planning and expert help, your homeownership dreams can become reality!β£
β£
Our team of experts are on hand to connect you with accommodating lenders and help negotiate favourable terms. Click the link in our bio to learn more.β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#nonstandardconstruction #thatchedroof #gradeii #thatchedcottage #housebuying #mortgagetips #ukmortgages #mortgagespecialists
Getting a mortgage on a non-standard property may involve higher interest rates or larger deposit requirements, but with careful planning and expert help, your homeownership dreams can become reality!β£
β£
Our team of experts are on hand to connect you with accommodating lenders and help negotiate favourable terms. Click the link in our bio to learn more.β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
...β£
β£
#nonstandardconstruction #thatchedroof #gradeii #thatchedcottage #housebuying #mortgagetips #ukmortgages #mortgagespecialists
There`s no one-size-fits-all calculation to determine how much you can borrow. It depends on several factors:β£
β£
π The cost of the property you`re looking to purchase.β£
β£
π The size of your deposit.β£
β£
π Your income and financial affordability, which considers your monthly commitments and any future obligations.β£
β£
These factors, combined, will determine your eligibility and help shape the amount you can borrow. β£
β£
We know navigating the mortgage process can be overwhelming, but we`re here to lend a hand. Our friendly advisors can help you understand your eligibility and guide you towards making informed decisions about your mortgage. β£
β£
Our advice to you is FREE, so get in touch for a chat - call us on 0800 612 5596 or visit our website to learn more.β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
β£
...β£
β£
#buyingahouse #mortgageadvice #mortgagetips #mortgagebroker #firsttimebuyertips
There`s no one-size-fits-all calculation to determine how much you can borrow. It depends on several factors:β£
β£
π The cost of the property you`re looking to purchase.β£
β£
π The size of your deposit.β£
β£
π Your income and financial affordability, which considers your monthly commitments and any future obligations.β£
β£
These factors, combined, will determine your eligibility and help shape the amount you can borrow. β£
β£
We know navigating the mortgage process can be overwhelming, but we`re here to lend a hand. Our friendly advisors can help you understand your eligibility and guide you towards making informed decisions about your mortgage. β£
β£
Our advice to you is FREE, so get in touch for a chat - call us on 0800 612 5596 or visit our website to learn more.β£
β£
...β£
β£
β£
Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
β£
β£
...β£
β£
#buyingahouse #mortgageadvice #mortgagetips #mortgagebroker #firsttimebuyertips
