Overseas Landlord - need insurance

iolande

Hi

Who can provide landlords insurance if you live overseas?

Our policy just came up for renewal and they have changed the conditions to you must be resident in the UK in order to take out the policy.

Any links so we can buy online would be great as we are a 10 hour time difference away and would prefer not to be on hold for half an hour on an international call!

Thanks
Iolande

G_M

As an overseas landlord you must, by law, have an address in Eng/Wales (not sure of the rules in Scotland).

If not, your tenant does not have to pay rent! (Landlord and Tenant Act 1987 )

So the answer is simple - use the same address for your insurance.

(I assume you also know about the HMRC rules for income tax for overseas landlords?)

N79

G_M wrote: »

As an overseas landlord you must, by law, have an address in Eng/Wales (not sure of the rules in Scotland).

If not, your tenant does not have to pay rent! (Landlord and Tenant Act 1987 )

So the answer is simple - use the same address for your insurance.

(I assume you also know about the HMRC rules for income tax for overseas landlords?)

Having an address in Eng / Wales and being resident in the UK are hardly the same thing. Simply giving an address will not meet a residency requirement if an insurer has it!

That said, I do not have any good advice for the OP other than the fact that I have never come across such a restriction on a LL policy. I do know that direct line do not have a residency requirement, but this is not a recommendation.

mchale

http://www.mclaren-neve.co.uk/ normally deal with keith.

http://www.alanboswell.com/ not used them for a few years.

iolande

Hi guys

thanks for the answers

BTW - we do have a UK address (both an agent and parents house) and we do have the overseas landlord exemption for tax (not that it does anything as we have to pay tax here in Australia for it anyway).

I'll have a look at the links that you provided and see what we can get.

Iolande