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Landlords warned that severe winter weather could bring big repair bills
1. Landlords Warned That Severe Winter Weather Could
Bring Big Repair Bills
The National Landlords Association (NLA) has issued a warning to all UK landlords to check that
their landlord insurance is up to date and to prepare for bad weather and freezing temperatures
over the next few months, as weather forecasters predict a bitterly cold winter ahead for the UK.
There have been several predictions about the severity of the forthcoming winter by weather
forecasters that have made national headlines in newspapers. Hurricane Sandy taught
USA property owners to make sure they had the right insurance and here in the UK we cannot
afford to take chances.
Even if the severe weather does not materialise and the weather remains mild, thousands of
pounds worth of damage can still easily be done to a rental property, and in most cases it is the
landlord that has to foot the repair bills.
Severe weather can cause damage to rental properties – Make sure Insurance is up to date
In 2011, some 30% of all rental property insurance claims were for damage caused by sub zero
temperatures or freezing conditions, with one Buy-To-Let insurance claim topping £40,000
(GBP).
Standard residential and household insurance policies DO NOT cover
PRS rental properties!
It is vital that landlords ensure that all rental properties owned have the right type
of insurance and that the rental property is covered to an adequate amount to cover all
eventualities.
David Salusbury Chairman of the National Landlords Association,said, “Last winter was relatively
mild compared to previous years so it’s important that landlords and their tenants aren’t
complacent and take action to mitigate any risk of damage to the property. Importantly, landlords
should be aware that most normal home insurance policies do not provide cover in the event of
damage in all circumstances. Having the correct residential property insurance is vital”.
Tenants need their own contents insurance too and should also be urged by the landlord to look
out for signs of damage to their home caused by the weather so that their landlords can rectify
any problems swiftly.
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