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The time now is 05/15/13 - 16:32

What Should Landlords Use As An Insurance??


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norry
Apprentice


Joined: 25 Aug 2008
Posts: 2



PostPosted: 08/02/11 - 10:29    Post subject: Reply with quote

Hi. After moving in with my girlfriend I am now planning to let out my flat to tenants. I am only afraid they will wreck the place as I think the best option is to rent it out with most of my furniture still in it. What do landlords usually use as an insurance this doesnt happen? Imagine them stealing the furniture and taking off?
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rasla
Apprentice


Joined: 17 Nov 2005
Posts: 1



PostPosted: 09/01/11 - 02:26    Post subject: Reply with quote

First of all I would strongly advise you to find tenants through a letting agency. These agencies vet the tenants and arrange the contracts too. They are obliged to take the details of the tenants. If they do take off you have their name and NI number so you can call the police on them. As an additional security you will take a deposit. This is usually as much as one months rent and you can use this to sort things out if they break stuff.
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