Once you have arranged your new buy-to-let mortgage it is important for you to consider what insurance you will require in order to protect the property.
The only insurance that is a condition written in all mortgage offers is that you have suitable Buildings Insurance in place.
As a result this is something that you will need to ensure is in place before the mortgage completes and your conveyancer will request evidence of this.
Other insurance for you to consider is ‘rental guarantee insurance’ which will ensure that if the property is empty ‘void’ the rental payments are met.
You may already have some cover in place and if so our ‘landlords insurance review service’ can ensure that the cover you have is sufficient and at the same time check that you are not paying too much.
Please request a callback today to see how bfp mortgages can help you with arranging this cover.