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Ppi Reclaim
Banks had it their own way for quite some time. Fat cats were getting their cream and their poor customers were being fleeced in the process. They`d go cap in hand to the banks for a loan and were offered payment protection insurance (PPI) at the same time. In many cases the rate for the loan would be lower if PPI was taken out at the same time making it seem more attractive. However, the cost of PPIs could vary from 13% right up to 56% of the loan amount. Moreover, clauses were often put into the policies that meant they wouldn`t pay out anyway in times of sickness or redundancy. People have wised-up in recent times and those who think they might have been pressured into paying for, or misled about a policy, can speak to claims management teams about a possible Ppi Reclaim. They could be entitled to thousands of pounds if the Ppi Reclaimis successful. If you weren`t given all of the facts about your PPI in the past then you have a strong case for the Ppi Reclaim. Why should the banks get away with fleecing their customers over a number of years, especially with regards to payment protection insurance? Customers who think that they might have been treated unfairly have a strong right of appeal.

Are you looking for the cheapest Landlord Insurance for your investment property? Finding the best landlord insurance does not have to be difficult providing you know exactly what you are looking for. As a landlord, conscious of cashflow, it can be very tempting to opt for the cheapest policy. This is not always best practice. It?s important that you understand what the policy covers and most importantly that your investment property is fully insured to protect your long term investment.

There are many different types of landlord insurance and cover available and finding a good comprehensive policy for your particular investment property is easy when you know what to look for. Don`t just favour the cheapest policy as this may prove uneconomical in the long run.

Landlord insurance is not a legal requirement, although most lenders will want to have confirmation that an insurance policy is in place if a buy to let mortgage has been applied for. Even as a cash buyer, it would be rather unwise not to take out adequate insurance. As a landlord you should consider your properties to be a business and with business there is always a risk element and investment properties should be treated in the same manner. Without suitable landlord insurance, a theft or fire can have a very detrimental effect on your long term investment and the long hours you have invested in building up your property portfolio. As owning buy to let properties becomes increasingly popular, it is important that landlords are properly covered.

As a residential landlord, it would be their responsibility to insure the building and any contents belonging to the landlord. For example light fittings, kitchen units, heated towel rails. As well as a landlords insurance covering things like fire, theft, vandalism, leaks, smoke damage, subsidence, burst pipes to name but a few, there are a number of additional options that may be available.

Landlords Liability ? If someone is injured at the property due to negligence of the landlord

Rent Guarantee

Legal Expenses ? Costs towards legal expenses when having to evict problem tenants

As far as tenants go, generally the tenants would then take out their own contents insurance cover protecting their personal belongings in the property.

There are a number of different Landlord Insurance companies offering landlord insurance. They may cover, let property, unoccupied property, property let to DSS, and commercial property. Make sure you know exactly what the landlord insurance policy is covering before you make your decision.

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