I have a couple of questions - Did the landlord own the property outright? If not, wouldn't he be in violation of his mortgage conditions entering into a R2R deal? What type of insurance do you get on the property and who pays it, is it the landlord or yourselves?
@@simonfisher836 Great questions Simon. Most landlords that accept a rent to rent company don’t have mortgages, but if they did then that will be on them to arrange insurance that would cover a rent to rent company, this is outlined in the contract the landlord agrees to. Insurance we get as rent to renters are public liability for each property, and public indemnity for business protection
Nice
I have a couple of questions - Did the landlord own the property outright? If not, wouldn't he be in violation of his mortgage conditions entering into a R2R deal? What type of insurance do you get on the property and who pays it, is it the landlord or yourselves?
@@simonfisher836 Great questions Simon. Most landlords that accept a rent to rent company don’t have mortgages, but if they did then that will be on them to arrange insurance that would cover a rent to rent company, this is outlined in the contract the landlord agrees to.
Insurance we get as rent to renters are public liability for each property, and public indemnity for business protection
@@KennyPitman Thanks, very interesting.