Lemon Tree Financial, a Harrow, UK based financial firm, has recently reported on the importance of buy to let property insurance, and how it is used to protect Buy To Let investments. The husband and wife team specializes in this type of service, as well as life insurance, home financing, and other types of finance. They have been working in the industry for more than 26 years. The team describes themselves as follows: "Helping you to finance your dreams and protecting what matters to you most. With 26 years of experience, our highly experienced and qualified team members are on hand to assist you with the various financing requirements for your residential or commercial property purchase."
The recent report from Lemon Tree Financial in regards to buy to let buildings insurance advises clients that going without this cover could be detrimental in the long run. The said property insurance acts as a buffer between tenant and property owner, protecting against damages to the property. Lemon Tree Financial has been candid in their fears that clients who ignore the need for this type of insurance could find themselves in trouble in the future.
Also known as landlord insurance, this type of coverage protects rental properties against a number of types of standard damage. From natural disasters to malicious damage by the tenant, or theft by a tenant or a third party; different policy providers will offer varying degrees of protection. Lemon Tree Financial has explained that this type of insurance does differ from that of tenant's insurance, as BTL insurance covers the landowner, not the renter. It is still deemed beneficial for the renter, nevertheless, especially in circumstances where the landlord is at fault for something and must cover the cost of repairs to damages made to a tenant's belongings or rental unit.
For more information on buy to let property insurance, Lemon Tree Financial, or other types of insurance coverage offered by the firm, the company encourages landlords and others who are interested to get in touch. The team also offers plenty of information through their official website and YouTube channel.
Lemon Tree Financial are Mortgage Brokers based in Harrow, Middlesex providing expert Mortgage and Protection Advice to our clients.
20 Elm Grove,
Harrow,
Middlesex HA2 7JE
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