Councils using ‘Intelligence’ to track down low EPC properties and fine £5,00015:08 PM, 29th March 2021
About 2 weeks ago 36
I let my property in 2007 for £700 pcm (mates rates).
I didn’t bother to update the rental agreement and only raised rent by £75 in 7 years.
When my tenant left due to a flood three months ago the loss of rent insurance kicked in at £700 pcm, even though I eventually rented for £995 which is the true market rental value.
My question is; what is the insurance company liable to pay, is it the £995 market rental value or what my mate was paying at 2007 mates rates?
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