Blog

Finding the Right Broker

December 24, 2014 Goldcrest Insurance

Using an insurance broker for clients is the preference to many clients up and down the country; with the benefit of human interaction oppose to comparison sites, call centres and automated renewals.

General feedback we receive is that clients prefer to speak to someone before having their money taken from them! Any questions or queries they may have about their policy or coverage cannot be answered immediately with any of the aforementioned, and sitting on hold to a switchboard or waiting weeks for an email reply does not necessarily feel like money well spent on a service. Read More

Rent to Rent buildings insurance

December 18, 2014 Property Owners

Getting into the property market can be a very prudent opportunity for monthly income, with many people now using this as an alternative income stream, pension fund, or simply a new career choice.

Property of course doesn’t come cheap as a new venture, with large deposits required in many cases – so the next best alternative is obtaining rent to rent properties, also known as subletting. Read More

Buildings Insurance when you own Student Let Accommodation

December 15, 2014 HMO Property Insurance

Large premiums not many insurers … what do you do !!!! Every region in the country has a university or college … which means there are thousands off premises out there which need buildings insurance for student lets. The problem for the landlord is that there is a lack of good insurers out there who are willing to quote for Student lets buildings insurance.At Goldcrest we have been building up great relationships with certain insurers over the past 20 years to provide the best products possible for our clients. We use an A rated insurer who’s premiums for buildings insurance for student lets are very similar to that of buildings insurance for residential let. This is great news for landlords as the cost of insurance should be much more favourable. Read More

Landlord fined almost £25,000 for failing his Tenants

December 9, 2014 HMO Property Insurance

Paul Davies of Tamworth road, kettle brook, pleaded guilty to eleven charges of breaching regulations in place regarding owning and maintaining an HMO (house of multiple occupation) property on the 14th October 2014, these charges included; not keeping a fire escape route in good repair, failing to keep a fire escape clear from obstruction, failure to provide gas and electrical certificates and not maintaining common parts in safe and acceptable repair. These charges were brought to light after he had failed to comply with an improvement notice for the common areas of the block of flats; as a result of this he has now been fined £24,541. Read More

Landlord and Letting agent fined over HMO disrepair

December 2, 2014 HMO Property Insurance

A Landlord and lettings agency who have failed to undergo a range of repairs to a damp and leaky property in the Haringey area have now been fined following legal action taken by Haringey council.

Dilip Palmer of Alexander road, Wood green the controlling landlord and management company Easy Properties London Limited, based in Turnpike Parade Green lane had been ordered to pay out £3,435.55 with the company being ordered to make a payment of the same sum for not carrying out the necessary work to the Beresford Road property. Read More

Landlords needing buildings insurance for Student Lets

November 24, 2014 HMO Property Insurance

Being a landlord with a property within the vicinity of a collage or a university can be a real gold mine, and makes sense to utilise the space available, by letting the property as a HMO, bedsits or as a multi-tenancy agreement.

The problem often faced with the arrangement of buildings insurance for student lets is that insurers do not often reward your prudence, and premiums can often be costly or many insurers often decline – however, we love Student lets and can accommodate all risk types from basic to non-standard and niche. Read More

Scaffolders Liability for Sole Trader

November 17, 2014 Public Liability Insurance

Starting your own business as a scaffold erector or scaffold contractor is more strenuous and expensive than other trades.

Aside from building up clientele, and future projects – you first need to acquire the actual scaffold poles, brackets, planks etc. which in itself can be a large out lay, whereas your standard trade will only need to really acquire the tools to work then off they go – but with a scaffold erector you need to acquire the plant… then somewhere to store the plant when not in use, then a vehicle big enough to move the scaffold tubes to site – all more costly than your average trade. Read More

Public Liability insurance for tradesmen

November 13, 2014 Public Liability Insurance

Sourcing public liability for some trades can be extremely difficult, with many mainstream providers they only accommodate a certain amount of trades, so anything involving particular high risk goes through the whole process of taking details, only to be met with a “decline” or “no quote” – so when going through the ordeal of looking for alternative quotations, how do you really know you’re contacting a provider that can meet all your needs and requirements? Read More

Roofer Liability Insurance for Sole Trader

November 10, 2014 Public Liability Insurance

Getting the right annual premium for your Public Liability as a roofer can be somewhat of a challenge. Unless you do the right research, you could be spending hours on the phone or internet running through forms, only to receive astronomic quotations or declines – that’s why for a trade such as Roofing Contractors, it is imperative for your own well-being that you approach a broker to source terms for you. Read More

Insurance for a New Business

November 4, 2014 Public Liability Insurance

Starting up your own business can be an enthralling ordeal, with your dreams unraveling day by day, and to do list longer than the eye can see.

Working down the agenda you’ll eventually get to “INSURANCE” – now it can be easily understandable if you’re an insurance novice, and not sure what products you need to take out. Read More