Insuring Your Rental Property Correctly.

October 22, 2018 1:54 pm

There have been a number of stories in recent months about how landlords have suffered costly damage to their rental properties and have not been covered by their insurance policies. Such stories highlight the importance of carefully scrutinising what is and isn’t covered in your landlord’s insurance policy. Following an argument, an angry tenant left his property owner with £17,000 worth of damage. The destruction included abusive graffiti, animal faeces and vandalised fixtures and fittings, which the Blackpool landlord believed may have been caused by intentionally breeding dogs in a ‘makeshift cot’. The landlord was not fully covered, as his...

Homeowners Opting to Improve Rather Then Move.

October 8, 2018 1:52 pm

Research suggests applications for home improvement projects have risen as prices – and the costs of moving home increase. The number of planning applications submitted for home improvements has jumped by 26% across Britain, research from Halifax Insurance shows. The figures, which cover the years between 2012 and 2016 and are sourced from local authority data, indicates more people may be choosing to spruce up their existing property rather than move. Home movers face continuing price rises while at the higher end of the market a sharp hike in stamp duty has sharply increased the cost of transactions – largely...