Having the right tenants in a property is key to maximising your investment. As you are aware problems with tenants can be time consuming, stressful and costly to resolve.
Reasons for buying Property Owners legal protection:
-All businesses need to operate within a complicated and ever-changing framework of legislation and regulation – few landlords have the in-house expertise to understand or deal successfully with legal problems.
-Commercial legal protection not only pays the costs for solicitors to defend or pursue legal problems, it also allows access to a range of services to help the business avoid problems in the first place.
-With most insurance policies you don’t get any benefit unless you make a claim. This is not true with Commercial Legal Protection as policyholders also have immediate access a wide range of information, advice and assistance services.
Real claims examples:
-Tenancy Disputes defence costs – £2,640
-Lease Disputes defence costs – £1,753
-Property Protection Trespass claim costs – £2,467
-Employment Tribunal defence costs – £14,530
For more information or a no obligation insurance review and to find out more about how we may be able to help you please call Horner Blakey Insurance Brokers on 020 7929 0108.
Author: Chris Konstantinou c.konstantinou@hornerblakey.co.uk 020 7929 0108
