18% of UK's private landlords do not have required insurance

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Published by Max Salsbury for 24dash.com in Housing and also in Finance

Almost one in five of the UK's private landlords do not have the required insurance on their properties, new research has revealed. The study found that most standard home insurance policies do not cover rental properties. The research - by Direct Line for Business (DL4B) - also found that landlords believe their properties cost them £8,256 a year to run. The average respondent’s portfolio comprised 5.3 properties and drew an annual income of £94,344. Repairs were the largest reported cost...

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