Professional Lincoln Lettings Agent Offers Investment and Insurance Services For Buy To Let Landlords Too Make Wise Hassle Free Investments.

For several years Belvoir Lincoln who have many years of experience offering property to let in Lincoln, have been holding “Buy to Let” (BTL) seminars, helping investors purchase the right property in the right area at the right place and also assisted in preparing properties ready to rent, if required. In addition helping their clients to receive good BTL mortgages and wealth management advice. The latter through wealth management partners St James Place Wealth Management (SJP).

Too often investors with a property portfolio who have never had any wealth management advice. This advice includes, in which vehicle to hold the properties, Trusts, Wills and Investments. Very few clients understand Trusts sufficiently to utilise them to potentially mitigate against possible Taxation. Belvoir Letting Agents Lincoln help clients attain this advice FREE of charge whilst other agents have been known to charge in the region of £1,000 for similar advice.

The other area for property investors to consider is what happens if things go wrong one they have a tenant in their property? Sometimes it is the agent that gets the blame – irrespective of the issue. Despite carrying out full referencing on the tenants before they move in, these checks are only good on the day they are made. There are a whole host of things that could go wrong, illness, loss of employment and separation are the main traits why rent is not paid and the property not looked after. Protection against this can be achieved with the right specialist insurance. One of these is a Rent and Legal product that pays the landlord the rent and covers up to £100,000 of legal expenses for possession.

Therefore, if the tenant stops paying the rent and stays in the property the Insurance Company will pay the rent and instruct solicitors to take the necessary legal action to get possession. This insurance is available for each tenancy type ie: student, house share and residential. Belvoir Letting Agents Lincoln work with Endsleigh Insurance Ltd, who act as Insurance Intermediaries, with the underwriter being ARAG. In addition having the right Building and Contents Insurance is critical and should cover All Risks as well as malicious damage by tenants. Belvoir Lincoln offers a policy which includes all these plus a 120 day un-occupancy clause is available on both managed and landlord self managed properties.  Again the policy is arranged with Endsleigh Insurance Ltd and underwritten by NIG.

Hence if a tenant stops paying the rent and also trashes the property and you had both the Belvoir Rent and Legal plus Buildings and Contents Insurance, the rent would get paid and possession of the property would be regained and the property would be returned to its original condition giving exceptional peace of mind.  Belvoir Lincoln also offer tenant’s contents insurance, this covers accidental damage to the landlord’s contents and alternative accommodation should there be a severe incident at the property that deems it uninhabitable.

Belvoir Lettings Agency Lincoln offer a wide range of property to rent in Lincoln and are a One Stop Specialists for Lettings including Property Management, Tenant Find, Investment and Wealth Management Advice, Fit-outs and Renovations, Furniture Packs and Investment Property Insurances and Mortgages.