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Renting out a 2 bed Flat

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Comments

  • ohit
    ohit Posts: 371 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Are there any insurances available if I choose to go out and do it myself?

    What companies? What products? Where?

    Any information/advice will be very much appricated.

    I'm also thinking along the lines of car insurance where you can buy legal cover for a bit more, and so on and so on.
  • dougk_2
    dougk_2 Posts: 1,403 Forumite
    This link is one example.

    http://www.rentguard.co.uk/pages/legalandrent.htm

    There are others available too. Some Buildings/contents insurers also offer legal and rent cover at an additional premium

    www.yorkshirelets.co.uk is where I obtained my landlord policy from and rent guar. and legal cover can be added
  • ohit
    ohit Posts: 371 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Excellent, thanks very much.

    I originally thought that what I was asking probably wasn't even available, but hey I guess it is.

    On the surface, that Rentguard policy sounds good. However, a concern is all the refrences tenants what need. Would that put potential tenants off from my let in particular? My 'market' would be uni students (only there for about 9/10 months of year, and may move every year anyway).
  • dougk_2
    dougk_2 Posts: 1,403 Forumite
    If you are looking at students there are more "risks" involved.
    Insurance is higher and you will find less lenders available.
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