If you’re a landlord with properties near universities or colleges to which you let to students, you are going to be looking for an insurance broker that specialises in landlords insurance for student lets.
In most cases Student lets are set up on a house of multiple occupation basis (HMO) so you’re going to need a policy which caters to multi-tenancy, and are you sure your current policy does?
Some insurers do not actually ask the question as to whether your property is let to more than one tenant; and in most cases it’s not until this information is divulged that they are likely to advise that unfortunately they cannot insure properties of this ilk – as frustrating as this can be, just think if you had a claim, only to find out that you’re not correctly covered.
Fear not, as we can save you from this trouble. We have specialist schemes with insurers who actively look to insure student rental properties no matter how weird and wonderful the set up may be.
To give you an overview, we insure hotels and care homes that have been converted into HMO’s let to students with 40+ rooms; grade listed properties that have been refurbished to accommodate students; commercial conversions, properties with subsidence history, so on and so forth.
We have a plethora of properties with a variety of circumstances which ultimately are all let on the same basis. So if your property has 2 or 200 rooms, brick walls or timber framed, we can assist you.
If you’re looking for advice or assistance, give our property team a call.
