Which is the best landlord insurance when tenants are on benefits?

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by Readers Question

12:07 AM, 31st May 2024, 2 years ago 4

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Hello, I’m posting for a friend who is a landlord with a 2-bed flat in London. I’m hoping other landlords can help.

I would like to know: Who is the most most effective landlord’s insurance for a tenant in receipt of housing benefit?

May I also admit, the tenant is paying between £3/400 pm under current market rent value. They do not look after the property and live in a way that has created mould issues.

My friend has recently spent £9k on a new damp course and remedial action, but if the tenant continues to live the same way, I see future problems.

I suggested they serve notice to the tenant before the reforms, and refurbish the property as a family member would like to move in.

What are your thoughts please?

Ellen

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