Landlord Insurance Headlines
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26
Aug
2010
Landlord insurance customers might want to assess their options for a new home finance deal after Barclays announced details of its first loyalty mortgages.The bank's current account customers can receive a reduction of as much as 0.54 per cent on various tracker, fixed-rate and offset deals.
Continue reading "Barclays' new loyalty mortgages could attract landlord insurance customers' attention"...
20
Landlord insurance holders may already be aware that Nationwide has reduced its remortgage rates on a variety of products.Consumers can secure a two-year fixed-rate deal at 3.39 per cent - a reduction of 0.19 per cent - with up to 70 per cent loan-to-value.
Continue reading "Nationwide announces cuts to remortgage products"...
6
It could be the case that home buyers should carry out a thorough analysis of the pros and cons of a property purchase.Sue Anderson, head of member and external relations at the Council of Mortgage Lenders, discussed the importance of providers presenting deals that are transparent.
Continue reading "Why a thorough analysis of a mortgage offer 'is essential'"...
1
Jun
Residential landlords in the UK could be inspired to make regular checks on their properties after a "nightmare" incident in Bournemouth.Landlord Chris Akaidere, who also works as a builder and shop fitter, has been left with a £5,000 repair bill after tenants turned his Charminster property into a cannabis factory, the Bournemouth Daily Echo reported.
Continue reading "Landlord's cannabis nightmare"...
May
Residential landlords could be among those putting their properties at risk by not taking out adequate insurance.A recently-published survey from moneysupermarket.com has revealed that almost 1.5 million homeowners are inadequately insured.
Continue reading "Britons putting homes at risk, report shows"...
25
Residential landlords who offer fully-furnished properties need insurance to protect themselves against other things besides burglaries.This is the view of Malcolm Tarling, media relations manager at the Association of British Insurers, who said there are many scenarios that could lead to the loss or damage of property.
Continue reading "Insurance is about more than just burglary, says expert"...
23
Mar
Home insurance customers are being urged to shop around in order to get a better deal.Price comparison service moneysupermarket.com has claimed that "loyalty doesn't pay" when it comes to home insurance products.
Continue reading "Home insurance customers urged to shop around"...
12
Insurance companies have paid out large amounts to customers as a result of the severe weather conditions over the past few months.Recently-published figures from the Association of British Insurers (ABI) have revealed that insurance firms paid out £650 million during what was the coldest UK winter for 30 years.
Continue reading "Insurers pay out during big freeze"...
18
Nov
2009
Landlords who do not take proper inventories are risking their money, the National Landlords Association (NLA) has warned. Some landlords are left with damage or cleaning costs or face having to replace furniture and fittings by not taking the proper precautions, the association claimed. This could result in a drain on finances, which the NLA said is the "last thing" landlords need when they are facing rental arrears and void periods. The association is launching a new inventory service offering a "simple" way for landlords to ensure their properties and contents are covered.NLA chairman David Salusbury said: "Put simply, inventories are not an optional extra. They are just as important as getting your tenant to sign their AST, or protecting their deposit. "If you want to avoid having to pay for your tenants even after they've moved out, taking an inventory will help." He also urged landlords to consider proper check out reports at the end of a tenancy saying it was a sensible way to note any changes in the condition of the property. Get a landlords contents insurance quote today from Simple Landlords Insurance.
Continue reading "NLA: Log it or lose "...
2
An increasing number of landlords and letting agents are using video evidence in tenancy disputes, according to one deposit protection organisation.Up to five pieces of video evidence per week are now be submitted to the online dispute service of mydeposits.co.uk, a government-approved scheme.
Continue reading "Landlords turn to video evidence"...
9
Oct
Landlords looking to secure new mortgage deals are likely to find the market "pretty unchanged" over the next few months.That is the view of Alexander Hall, which has met recent lending increases with scepticism.The property firm indicated that there is likely to be a period of consolidation from lenders before better options for investors become available.
Continue reading "Lending 'pretty much unchanged'"...
8
Landlords trying to make improvements to their properties need to recognise the limitations of their ability, experts have pointed out.Rather than bringing in professionals, many people may try to carry out work on homes themselves.However, Build It has urged landlords and other property investors not to complete dangerous activities themselves.
Continue reading "Landlords should 'know limitations'"...
7
Property values in the UK increased lat month, the new Halifax House Price Index has shown.The study indicated that home values rose by 1.6 per cent during September, marking the third month in a row when property prices have gone up.September was also the fifth month overall in 2009 that has seen a positive change in house prices, while there was a 2.8 per cent jump in prices during the third quarter of the year.
Continue reading "Property price rise reported"...
11
Sep
Savings are being used to pay for home improvements as landlords and other homeowners look to add value to their properties, new research has indicated.A study from the National Home Improvement Show revealed that 62 per cent of new features added to houses are funded by savings.
Continue reading "Savings fund home improvements"...
Jul
Landlords can make the biggest returns on investment by making simple alterations to their properties, a new survey has claimed.Research from Halifax suggested that small home improvement changes are the best way to raise the value of homes.
Continue reading "Home improvement recommended for landlords"...