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New House Insurance Question
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
just after some general advice. Am in the process of buying a house to do up. the house is being bought with a buy to let mortgage however when the project is completed we will look to sell on if we can achieve the right price. we will not live in the property whilst doing it up.
My question is can I just get normal building/contents insurance (or are there clauses about type of mortgage/property being unoccupied etc) or do I have to get specialist landlords insurance even though there are no tennants.
My question is can I just get normal building/contents insurance (or are there clauses about type of mortgage/property being unoccupied etc) or do I have to get specialist landlords insurance even though there are no tennants.
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Regular buildings insurance will not cover the building when you are working on it. You really need a policy to cover the building whilst work is being carried out. I think you have to speak to a proper insurance broker for that. I certainly do.
When it is finished and empty you can get a slightly cheaper policy that will cover a property which is empty. Still more expensive than a normal policy
The fact that it is a BTL mortgage I think is irrelevant as far as the insurance company is concerned - you just need to make sure you are covered for the correct situation. It's pointless having the wrong insurance.Everything that is supposed to be in heaven is already here on earth.
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thanks doozergirl, can you reccomend any of the major players or do you go through a local independant broker0
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I would add to ensure that any policy you take out includes "accidental damage" cover as this and escape of water are the most likely perils you would suffer from given the circumstances.Four guns yet only one trigger prepare for a volley.Together we can make a difference.0
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I use a local independent
Everything that is supposed to be in heaven is already here on earth.
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