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Buy to Let Buildings Insurance
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Ralphie74
Posts: 1 Newbie
Good afternoon fellow forum members,
I think I'm confusing myself but really am puzzled.
To cut a long story short:
I've purchased a Residential property to live in as my main residence while Remortgaging existing property to a Buy to Let. I need to provide my solicitors with details of Buildings insurance cover for what will become the Buy to let. As I've lived at this property for 8 years it currently has Standard home insurance. When I find tenants to move in (within 4-6 weeks) I will get Landlords insurance so no problem there. Here lies the confusion. How to I go about getting Buildings insurance for those 4-6 weeks when I won't be living there full time (only at weekends while I carry out some DIY). Can I just leave the insurance I already have in place until I get tenants in, is this the correct way of doing this?
Any advice appreciated.
Many thanks
D
I think I'm confusing myself but really am puzzled.
To cut a long story short:
I've purchased a Residential property to live in as my main residence while Remortgaging existing property to a Buy to Let. I need to provide my solicitors with details of Buildings insurance cover for what will become the Buy to let. As I've lived at this property for 8 years it currently has Standard home insurance. When I find tenants to move in (within 4-6 weeks) I will get Landlords insurance so no problem there. Here lies the confusion. How to I go about getting Buildings insurance for those 4-6 weeks when I won't be living there full time (only at weekends while I carry out some DIY). Can I just leave the insurance I already have in place until I get tenants in, is this the correct way of doing this?
Any advice appreciated.
Many thanks
D
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