Being a landlord comes with various responsibilities, not least safeguarding your property and finances against unforeseen risks. Landlord Insurance is a crucial investment in that regard because it provides invaluable protection for rental properties, but understanding the different types of coverage available can be daunting.  In this comprehensive guide, we’ll explore the types of Landlord Insurance you need to ensure comprehensive protection for your rental properties across a range of different scenarios. Standard Landlord House Insurance For most landlords, standard Landlord House I ..read more

When someone dies, the house in which they have been living is likely to become unoccupied. The property may remain empty throughout the period of probate – during which the eventual disposal of the home is determined in accordance with the deceased person’s will. Because the executor or executors of the deceased have a duty to safeguard and protect the assets of the estate – including property – adequate insurance needs to be arranged during this period. This is where Unoccupied House Insurance becomes a necessity. How do you insure a property in probate? It might be possible to transfer any ..read more

Dealing with the passing of a loved one comes with an array of challenges, one of which is managing their estate, including any properties they owned. When a property is left unoccupied during the probate process, it’s essential to obtain Unoccupied House Insurance to ensure you are adequately covered. Here, we’ll explore the importance of securing insurance for unoccupied houses during probate and why it’s a crucial step in protecting the property and its value. Understanding probate and Unoccupied House Insurance Probate is the legal process of administering a deceased person’s estate, inclu ..read more

Owning a property comes with a myriad of responsibilities, one of which is ensuring it’s adequately protected, especially when it becomes unoccupied for any length of time. Whether you’re renovating, waiting to sell, or have a property going through probate, having the right insurance coverage for an unoccupied house is crucial.  Here, we’ll delve into the specifics of Empty Property Insurance to help you safeguard your unoccupied property. The importance of insuring an empty house Before diving into the types of insurance needed, it’s essential to understand why insuring an empty house i ..read more

It’s been a busy time for writers of UK property news headlines. Landlords have been warned about the rising costs of mortgages. Short-term lets seem forever under the spotlight. Hotspots are identified for house prices. Plus, the overall volume of property transactions has taken a dive. Let’s take a closer look … Bank of England forecasts major rise in landlord mortgage costs Quoting the latest report from the Bank of England, the National Residential Landlords Association (NRLA) on the 12th of July warned that landlords face hefty increases in what they must pay for their buy ..read more

Billed by the government itself as one of the most significant pieces of legislation affecting England’s 11 million or so renters, it’s hardly surprising that the Renters Reform Bill has grabbed so much attention. The present government formally introduced the legislation in mid-May 2023. It  marks a significant change for private renting, which justifies a closer look at just what it all might mean. Overhauling the private rented sector The Bill is the centrepiece of the government’s long-discussed objective of overhauling this part of the housing market. The declared aim ..read more

The latest UK property news headlines are underscored both by the challenges facing the private rented sector and continuing concern about the overall state of the housing market. Pressure groups for landlords, for instance, have issued a plea for the reversal of the decision made several years ago to abolish the earlier scheme of income tax relief for the interest paid on buy to let mortgages. Meanwhile, the latest house price index for the month of May suggests that the market has more or less stabilised. Nevertheless, there is also evidence that the volume of recent property transactions ha ..read more

UK property news inevitably focuses on the state of the housing market and the movement in average house prices. The month of May is no exception. There is also an experiment to set house prices according to local people’s earnings. In other news stories, landlords are reminded that energy efficiency standards apply just as much to commercial properties as they do to residential dwellings. If Prime Minister Rishi Sunak has his way, the recently abandoned Help to Buy scheme could be making a comeback to help first-time buyers. Let’s take a closer look behind some of these headlines. Zoopla: Are ..read more

UK property news describes a housing market in relative retreat. After many months of runaway increases, prices have now stabilised to the point of dropping back several points in the past three months. And mortgage lenders have responded by expanding the range of deals now available – good news for borrowers. In a surprise move, the Welsh government has indicated its willingness to help landlords achieve energy-efficiency targets. Finally, an Essex beach hut is selling for £95,000 … Mortgage market: Borrowers are benefitting from more deals on offer There are significantly more mortgage deals ..read more

In recent UK property news headlines, the housing market continues to feature relatively high mortgage interest rates. Although house prices have largely stabilised, they continue to creep up steadily – if modestly. As ever, first-time buyers are among those most likely to be affected by rising house prices – which have recently gained record heights. Local communities in tourist hotspots continue to suffer the influx of second-home owners and rising house prices – the government considers managing the problem through planning legislation. Mortgage overpayments take the sting out of rising int ..read more