Buy to let landlord insurance

Buy to let - once considered a license to print money is today a business with risks and opportunities in equal measure. If you are thinking of becoming a landlord for the first time research is everything! Property prices have been in free fall in the UK for over a year however if you have capital it can still be a means of generating an income and long term investment when compared to stocks and shares.

Insurance for your buy to let property
Whether you own a single apartment or flat for rent or have portfolio of rental properties, buy to let landlord insurance protects you against losing your capital investment, and can also help protect the income stream you receive through your tenants paying rent.

Buying landlord insurance has become quicker, simpler and often cheaper thanks to increased competition in the insurance market and the launch of web sites that allow landlords to obtain and compare quotes 24 hours a day.

 

 

Buy to let do your homework

• Choose an up and coming area - not always the cheapest or most expensive property, up and coming areas are places that your target tenants wants to live in. Good schools, easy access, walking distance to university all contribute to the desirability of an area.
  
• Watch your budget - set a budget and stick to it if you see a property over your budget walk away - their is always another property, remember being a landlord is a business and cost control is essential to profitability.
  
• Haggle over price - with the uncertainty in the housing market now is the time to haggle with property owners especially if you have your finances in place and can move quickly.
  
• Make sure you have all your landlords insurance in place before any work is carried out on the property and ensure that all work is inspected and insured before tenant move in

Buy To Let Landlord Insurance protects your investment