First time landlord insurance

[SecretSeven]

Hello

DP has taken the plunge and decided to move in with me. I own my home, and she owns her ex-council home which she bought through the right to buy scheme. It's not mortgaged, and there is no issue with us doing this.

We plan to let her home out (we asked the council, it is OK for us to do this). We're going to use a letting agent to handle everything, but we're a bit confused by insurance. Where is the best place for us to find out about this, so we can work out what we need?

Thank you in advance.

[whois]

I got mine from Just Landlords
www.justlandlords.co.uk/landlordinsurance?gclid=Cj0KEQjwv467BRCbkMvs5O3kioUBEiQAGDZHLzaBsT_IVpO6XSvIIRV4FsEr2xxo4vlzUXLkTDzPZGsaApCw8P8HAQ

[Maudd]

Try this broker, lots of landlords use them. They're very easy to deal with and can get excellent prices and terms from insurance providers

www.alanboswell.com/landlord-insurance/

[SauvignonPlonker]

Make sure you get accidental/malicious damage, legal expenses cover. Also preferable to have some kind of boiler/emergency cover for leaks etc.

[DailyMailEthicalFail]

placemarking (sorry)

[specialsubject]

You need landlord buildings and contents, malicious damage, legal expenses ( make sure it covers all cases of eviction, especially if it is a tenant trying for council housing who will continue to pay the rent), home emergency ,( tenant can't wait for a fix because you are on.holiday) and possibly guarantee.

Remember the buck stops with you, not the agent, so you will still be managing everything.

[specialsubject]

Stupid tablet deletes words - I meant RENT guarantee.

[SauvignonPlonker]

And choose wisely with your letting agency. A personal recommendation is best.

I chose a small agency, so I wasn't being passed around several departments when I phoned, so it is a very personal service for me & tenants . Also an agency that offers rent guarantee, 6 month contracts only initially (you don't want to be lumbered with bad tenants for a year).

Ask how they advertise & do viewings, what kind of background financial checks, how often inspections are done & reported back etc.

And most importantly, their charges, both to you & the tenant. Complete transparency is really important.