Let’s be honest, when it comes to it, most tenants are decent people who like you, want an easy and simple life. They pay the money, look after the property and are nice to deal with. And when the lease ends, they clean, vacate and everyone is happy.
But, there are some who will make your life an absolute pain. And this is why you must, absolutely must, have the best form of landlords insurance behind you. There are plenty of bad tenants out there and any landlord will meet one in their career and have to deal with tenants who are determined to make their point. And that point might well be valid of course, arising from genuine misunderstandings.
The UK’s rental property market is a vast and vibrant marketplace. But it also needs the support of detailed landlords property insurance schemes. Because when it comes to legal issues, the law often seems weighted towards the tenants. And if those tenants want to cause some trouble, they can. Take the simple matter of withholding the rent. For many businesses and individuals, cashflow is the constant bugbear. If the tenant decide to stop paying their rent – thinking that maybe the landlord has failed to provide something in the agreement, or just that they can’t afford it – then income will dry up overnight.
And savvy property owners know that they need good landlords house insurance policies to help them sleep at night.
So, don’t forget, count your blessings with your good clients, and get a good landlords insurance behind you for the bad ones.
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