Landlords Contents Insurance

Following the dramatic property price increase over the last decade, more and more first time buyers are struggling to make that big first leap onto the property ladder. Investors have witnessed this and taken it into account. Subsequently, the rental buy-to-let market has witnessed a huge boom in recent years.

Rented property now makes up a huge share of the total UK property and housing market. Due to large housing shortages, the UK is seeing more and more cost effective properties being built, such as new apartment blocks. The aim of this is to try and curb the vast housing shortage as well as provide a way for new first time buyers to try and make that first property purchase within their financial constraints.

Over the last couple of years, the government has attempted to control house price inflation by increasing interest rates, but to little avail. New schemes initiated for first time buyers have also increased, such as shared ownership and part ownership-part rent.

New, lucrative apartment blocks can look like a good deal for willing and able investors. The traditional property investor and landlord will often tell you that houses offer a safer way to invest your capital, as well as offering more financial rewards longer term. But with more and more apartment blocks being built every year, it is becoming second nature for investors to try their hand at renting out city apartments and lucrative modernised flats.

Companies such as Inside Track have taken advantage of this. In their instance, they offer an all-in-one service - from initial seminars for those potential investors perhaps interested in buying to arranging the finance for the purchase the property. They also buy and sell properties off-plan before they have been built and can also offer a service where they furnish the property ready for when the property becomes occupied.

As a landlords contents insurance provider we specialise in tailored packages insuring the landlords contents against loss or damage from standard perils such as: Fire, Explosion, Lightning and Earthquake, Smoke, Riot, civil commotion, strikes, labour or political disturbances, Malicious Acts or Vandalism, Storm or Flood, Water or oil escaping from any fixed domestic appliance or system including any costs in locating the source of any escape, Theft or Attempted Theft, Impact by road or rail vehicles, aircraft or animals and Subsidence, Landslip or Heave.

Furthermore, the policy also includes a landlords legal expenses package which will cover the landlord should they have any problems with their tenant(s). The package will provide cover from a specialist legal team who are on hand to advise you on any legal matters you may have as a landlord.

Packages is lucrative prospect for both the landlord and the insurer a like. Modern rented apartment blocks are aimed at being let to young professionals. In turn, the landlords contents insurance package provides a comprehensive policy wording at a competitive premium, mainly due to the nature of the majority of new developments that are used for rental purposes.

Their lucrative inner city location appeals to a large section of the young professional community, making it a winning combination for all concerned.

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