Landlords urged to get insurance in place
by Daniel Jones
Landlords who have arranged tenancy agreements
with students need to make sure they are fully insured before the new term kicks in, one group has said.
Swinton Commercial highlighted the need for cover to be taken out, as students often have a reputation for leaving properties in a less-than-pleasing condition.
It also recommends taking photographs of both inside and outside the property before and after the students move in, just in case there is any dispute over damage.
Furthermore, the company advocated the use of a property inventory
, which can also help if any discrepancies arise when the tenants move out.
Frequent communication with tenants can also prove useful, the group suggested.
Jolene Shaw, technical referral advisor at Swinton Commercial, said: "Landlords renting to students this September should take extra care when taking out a new insurance policy, as not all policies cover things such as unpaid rent."
- Landlord and Tenancy News from Lawpack: Solicitor-approved property inventory template with expert guidance on completing the legal form
Published on: September 12, 2011
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