Uinsure has reintroduced landlords legal expenses and rent guarantee cover to its buy-to-let (BTL) product for landlords.
The insurtech disruptor suggested the rent guarantee will be optional, with the product allowing clients to choose the level of cover they want.
Clients will be able to choose cover from landlords legal expenses which will cost £60, or £198 with the inclusion of rent guarantee. Uinsure also stated that the product gives £100,000 of legal expenses cover and up to £2,500 per month for rent guarantee payments, for up to six months.
As an enhancement, the product also now includes a complementary mediation service for landlords and tenants to resolve disputes amicably.
Uinsure chief proposition officer, Paul Kelly, commented: “I am really pleased to be able to bring landlords legal expenses and rent guarantee back into our portfolio for landlords, after this was withdrawn from the market for new business sales as a result of the COVID-19 pandemic.
“Making rent guarantee an additional option will give landlords the opportunity to choose the cover levels they want, in order to protect their BTL investment. Both tenants and landlords have been impacted by the current events and it is important we pull together to help both sides when circumstances change.”
Latest News
-
Inflation remains at 3.8% in August
-
UK house price growth slows to 2.8% in July – ONS
-
Third of UK adults relying on inheritance to fund retirement
-
Govt has failed to act on lifetime ISA recommendations – Treasury Committee
-
Becketts acquires Swallow Financial Planning
-
‘Fear of rejection’ biggest barrier for one in three aspiring buyers
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.
The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories