Home & Legacy Let is a scheme offering cover (through intermediaries) for let property(ies). Administered by Home & Legacy, our Let insurance product has officially achieved the highest possible Defaqto rating of five stars, showing that we really do offer one of the highest levels of cover on the market.
Policies can be set up on a standalone basis as it is not a requirement to hold an existing policy with Home and Legacy.
Our policy covers more than the usual Buildings and Contents risks including as ‘standard’ landlord -specific Legal Expenses cover as well as offering optional cover extensions for Rent “Cashflow” Protection. The Buildings and Contents cover can be extended to include for Accidental Damage with an option to cover Malicious Damage/Theft by the tenant.
- The same rates for Professional, Student, and Housing Benefit tenants. No need for new documents or adjusted premium should there be a mid-term change in type of tenants occupying the property.
- The ability to cover multiple properties under one policy, allowing a landlord to easily manage insurance needs and reduce documentation
- Landlord-specific Legal Expenses Cover included as standard. This cover assists with the eviction of squatters and disputes between landlord and tenant
- Identity Fraud cover included as standard
- Optional extensions to Buildings and Contents covers to include full Accidental Damage, and Malicious Damage/Theft by the tenant
- Optional Rental Cashflow Protection extension to protect Landlords rental income in the event that tenants default on their rental payments.
- Loss of rent and alternative accommodation costs in the event of material damage to the property by an insured peril are covered as standard
- £100 excess for material damage claims (subsidence claims carry a £1,000 excess), with premium discounts available for a higher excess. We also offer the option for you to remove your policy excess altogether. Under the Rental Cashflow Protection extension, the first month’s rent following tenant default is not covered
- An in-house claims team to assist the landlord in the event of a loss under all sections of the policy
- Access to 24 hour, 365 days a year, emergency domestic services and legal help lines.
Buildings insurance can be arranged for properties with rebuild values from £50,000 up to £1,000,000. Higher sums insured can be referred for consideration
“Limited Contents” cover for an unfurnished property covering “white goods”, carpets, removable flooring and fittings, can be set-up subject to a minimum sum insured of £5,000. Contents cover for “Common Areas” can also be set up subject to a minimum sum insured of £5,000.
“Full Contents” cover for part / fully furnished properties can be purchased subject to Contents sums insured between £10,000 and £100,000. Higher sums insured can be considered upon referral.
Claims under all sections of the policy are handled by Home & Legacy to ensure a prompt resolution. Click here to access our claims information page.
Landlords requiring further information about this product should also contact Nathaniel Filer to obtain details for the nearest intermediary who can assist.
To arrange a meeting to discuss this product, please contact Nathaniel Filer on 0208 607 2109 or email nathaniel.filer@homeandlegacy.co.uk
If you would like a quote, please call our New Business team on 0844 893 8370.
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