Landlord Insurance Headlines
Subscribe to News Feed
Subscribe to our news feed by email
20
Aug
2009
Loft insulation could represent a good investment opportunity for landlords, experts have indicated.According to the National Home Improvement Council (NHIC), improving properties without extending them can add value to houses.This could result in landlords being able to charge higher rent prices to tenants, as the quality of their living circumstances improves."One thing we would urge people to do if they can't afford to have a full extension, is to look at the insulation of their homes - loft insulation, cavity wall insulation," said Andrew Leech, director at the NHIC."There are other potential ways around improving what you have already got without going outside the envelope."Another recommendation that could benefit landlords is to consider installing en suite bathrooms, as this could also increase the amount homes are worth on the rental market.The Halifax Home Improvement Survey showed that the average house extension boosts property value by £25,590.Get a landlord property insurance quote today from Simple Landlords Insurance.