Company let insurance

Ed-1

Do you know of any landlord insurance that covers a let to a company?

silvercar

You may need commercial landlord insurance, a good broker will be able to direct you.

If your next question is going to be 'does anyone know a good broker' then I can recommend who I've used on the basis of price and customer service, but I haven't had a claim as yet.

Dipak

Ed-1 wrote: »

Do you know of any landlord insurance that covers a let to a company?

Have you tried the comparison websites? I try them for all my insurance needs.

D_M_E

Would insurance with a clause giving cover for subletting be appropriate, since presumably the company would be using it to house staff, therefore subletting as a result?

SmashedAvacado

companies rarely sublet to staff - they let them use the property

Letting to a company does not make you a commercial landlord

i can't see that a standard insurance product would exclude you from letting to a company as opposed to an individual. Why do you think this is the case? is it in the policy wording. I would be very surprised.

G_M

Letting to a company would be a commercial letting. It would not be an AST.

Housing Act 1988 S1:

1 Assured tenancies.

(1)A tenancy under which a dwelling-house is let as a separate dwelling is for the purposes of this Act an assured tenancy if and so long as—

(a)the tenant or, as the case may be, each of the joint tenants is an individual; and

(b)the tenant or, as the case may be, at least one of the joint tenants occupies the dwelling-house as his only or principal home; and

(c)the tenancy is not one which, by virtue of subsection (2) or subsection (6) below, cannot be an assured tenancy.

If the tenant is a company it does not fall within the definitionof an AST.

Many landlord insurance policies- particularly those on comparison sites - require lettings to be ASTs.

So ignore some of the advice above and do as silvercar says. Speak to a broker.