Letting insurance cover
Letting a property can be full of pitfalls but at least your let property insurance can be made simple, get a quote, compare levels of cover and buy the right let property insurance for you in minutes online.
Letting property check list
- House prices can fluctuate and rents may fall.
- Interest rates may increase, making it harder for your rental income to cover your mortgage payments and other costs incurred with the property
- You may have periods when you will not be able to find a tenant.
- Remember to factor into your calculations the cost of purchasing, managing and letting your investment.
- It is important to set up a contingency fund to cover emergency repairs and regular maintenance