Landlord insurance provides financial protection to landlords who rent out a property, or properties, to tenants. It differs from a home insurance policy as it covers the increased risks associated with renting a property to tenants. It can include buildings insurance, contents insurance, property owners’ liability, loss of rent following a claim, and accidental damage. iHowz are happy to recommend Alan Boswell Group for your Comprehensive landlord insurance needs.  As award-winning landlord insurance providers insuring property since 1982, Alan Boswell Group knows how complex it is to be a landlord.

If your property is leasehold, you must ensure that property letting is permitted by your lease, and that any tenancy terminates prior to the termination of your lease. Any lease condition must be noted in the tenancy agreement for the tenant’s attention. If your property is subject to a mortgage, you must ensure that your mortgagee gives permission for the property to be let.

If your property is jointly owned, you must ensure that any joint owners are party to the Tenancy Agreement or give their consent in writing for the property to be let.

Tenants are required to have one full set of keys each for all main. Window keys and mail-box keys should be offered to at least one tenant and we will require a full set of keys for management purposes if necessary.

A Non-Resident is defined by HMRC as you leaving the UK to go abroad permanently, or your absence and full-time work abroad lasts at least the whole tax year;

Your visits to the UK are less than 183 days in a tax year and average less than 91 days a tax year over a maximum of four consecutive years

If you do not register for Non-Resident Landlord tax exemption, you will have to take 20% tax from the gross rent and pay the net amount remaining.

The law states a landlord must maintain and repair any gas appliances, fittings, pipe work and flues provided at the property in safe condition. Landlords must have an annual gas safety check is carried out by a registered Gas Safe engineer qualified to carry out work on gas appliances at the property. Tenants must be given a valid copy of the gas safety record before they move into the property and annually thereafter, retaining copies for at least 2 years. From January 2013 Gas Safety inspections must include visual inspections of gas flues every 1.5 metres or at bends in the flue.