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Definition of sub-let by insurers?
anselld
Posts: 8,660 Forumite
Leasehold flat.
Freeholder's building insurance has a condition that premises cannot be "sub-let", see below.
Lease is silent on anything to do with letting or sub-letting but has a clause preventing the leaseholder from any action which would render insurance void or increase the premium.
Would the leaseholder breach the insurance terms and therefore the lease terms by letting the flat?
The exact wording in the Insurance Schedule is ......
Residential Occupancy Exclusions
It is a condition of this insurance that the residential portions of the Premises are not rented out or let for the purposes of any of the following occupancy types:
* Bed and Breakfast
* Care and Support
* DWP/DSS, Local Authority or Council support tenancies unless accepted by us
* Asylum Seekers
Sub-lets and Holiday Lets Exclusion
It is a condition of the insurance for Property Damage that the residential portions of the Premises are not and will not be
* sub-let
* rented out or let as holiday homes or holiday rentals
Freeholder's building insurance has a condition that premises cannot be "sub-let", see below.
Lease is silent on anything to do with letting or sub-letting but has a clause preventing the leaseholder from any action which would render insurance void or increase the premium.
Would the leaseholder breach the insurance terms and therefore the lease terms by letting the flat?
The exact wording in the Insurance Schedule is ......
Residential Occupancy Exclusions
It is a condition of this insurance that the residential portions of the Premises are not rented out or let for the purposes of any of the following occupancy types:
* Bed and Breakfast
* Care and Support
* DWP/DSS, Local Authority or Council support tenancies unless accepted by us
* Asylum Seekers
Sub-lets and Holiday Lets Exclusion
It is a condition of the insurance for Property Damage that the residential portions of the Premises are not and will not be
* sub-let
* rented out or let as holiday homes or holiday rentals
0
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