Tag: Direct Line
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Grand Designs’ Kevin McCloud Reveals his Biggest Home Design Bugbear
After 25 years of watching people build their dream homes, McCloud is tired of seeing houses with more toilets than people! In a recent interview, he called the trend “absurd” and questioned why people are so obsessed with having multiple bathrooms for guests. And it seems he’s not alone. While many homeowners are adding extra…
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Landlords Hit with £700 Fees as More Councils Introduce Mandatory Licensing Schemes
If you’re a landlord in England, you could be facing hefty new costs. A growing number of councils are introducing ‘selective licensing’ schemes, which require landlords to pay for a special license just to rent out their properties. According to a Freedom of Information request, the average cost of these licenses is a staggering £700.…
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Landlords Supporting the EV Boom
The electric car revolution is in full swing, and many landlords are already getting ahead of the curve. New research by Direct Line has revealed that a massive 86% of landlords would be happy to install an EV charger for their tenants. This is great news for renters who want to ditch the petrol pump…
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Cash In on the EV Boom – Landlords Can Charge Up Their Profits
Want to make your rental property even more appealing to tenants? It’s time to think electric. New research shows that landlords are embracing the shift to electric vehicles (EVs) and are keen to install chargers for their tenants. A recent study by Direct Line revealed that 86% of landlords with suitable properties would consider installing…
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Protect Your Property Investment with the Right Landlord Insurance
As a landlord or property investor, securing the right insurance coverage is crucial to safeguarding your investment. With an estimated 2.5 million landlords in Britain, the demand for comprehensive landlord insurance has never been higher. Yet, alarmingly, two in five landlords (41.4%) have not taken out specialised insurance designed to protect them from the unique…
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Shawbrook Unveils New Expert Team to Support Larger Loans
Shawbrook Bank is increasing its maximum loan cap to a whopping £35 million, and also introducing a specialised squad: the Structured Real Estate team. This move aims to transform the way their large-scale financing is approached, offering a blend of personalised service and expert advice tailored to meet the needs of those handling hefty transactions.…
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83% of Landlords Report Breached Agreements
83% of landlords have reported breaches in tenancy agreements. This data emerges from a comprehensive survey conducted by Direct Line, which involved 500 landlords during October and November of the previous year. The findings indicate a significant challenge in the landlord-tenant relationship, with a variety of breaches being commonplace. Common Breaches and Their Consequences The…
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Protect Your Rental Assets: Understanding Landlord Insurance
If you’re venturing into the buy-to-let market or you’re an established landlord, it’s crucial to protect your investment from the unexpected. Landlord insurance can provide that safety net, allowing you to rent out properties with peace of mind. In this comprehensive guide, we’ll break down what landlord insurance typically covers, its costs, and spotlight some…