Asylum seeker tenant insurance As a landlord, there may be occasions when you are offered asylum seekers as tenants while long term/permanent accommodation is sourced for them. Property Insurance Centre are now able to offer insurance cover specifically for that type of tenant. This will give you peace of mind knowing that all the essentials are covered such as buildings, contents and property owners liability. We can also offer accidental damage cover. Since 1976 Property Insurance Centre have offered specialist commercial insurance for landlords and business property owners. We have a dedicated new business team that offer the best advice and will ensure that you get the best cover for the best price available for Asylum Seeker tenant insurance. Call Claire, Robert or Gavin today on 0800 085 3761. Get a Quote Insurance under one roof We are specialists in many [...]
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15 Buy to Let Property Managers UK Tips 1- Changes to tax relief for mortgage interest Since April 2017, the tax breaks on mortgage interest have been gradually phased out by the government and the proportion authorized to be deducted is gradually decreasing each tax year. This will peak at the start of 2020-2021 and only a lump sum credit of 20% of mortgage expenses can be deducted from rental income when filing the tax return. These tax relief changes have caused differences of opinion and created controversy, and have long been one of the primary reasons landlords sell their buy-to-let. Discover the government information about tax relief here. 2- Prohibition of rental fees A ban on charging tenant fees was imposed on rental agents in England and Wales in 2019. Deposits capped at five weeks 'rent or six weeks' rent have been questioned in England due to changes [...]