Blog

Why you need Life Insurance

December 23, 2013 Personal Insurances

One of the things we all crave in life is financial security, not just for ourselves but also for our loved ones. Many people work hard to bring in a decent wage in order to provide their families with as much financial security as possible.

As the main wage earner in your family, you may be confident that you can provide your loved ones with the stability that they need when it comes to money. However, you have to consider what would happen if you were no longer around to bring in that all-important income. Read More

Insuring a HMO Property or Bedsits

December 19, 2013 HMO Property Insurance

If you have converted your property to let as either a HMO or as Bedsits, you will soon realise that insuring the property won’t be so straight forward.

The majority of insurers will not provide quotations for properties which are let on a house of multiple occupation basis nor provide quotations for properties divided into bedsits, directly to the public – for quotations of this kind, landlords will need to contact a broker. Luckily you’re on the right broker’s website. Read More

Goldcrest and HMO Property Insurance

December 16, 2013 Goldcrest InsuranceHMO Property Insurance

Do you currently live in a property which you are thinking of renting out?

Have you thought how to maximise your money from this property?

Well a lot of landlords are now turning their let properties into homes of multiple occupation, commonly known as HMO’s. Read More

The Importance of Income Protection Insurance

Personal Insurances

While some people may love their jobs and find them rewarding in many ways, the main reason we all go to work is to earn money. Our income is something that most of us rely on to pay everything from the rent or mortgage to bills, food, debts, and other financial commitments.

This is why the thought of being without a job and income is so daunting for most people, as without this vital income it becomes impossible to keep on top of essential day to day costs. Even if you have some money in savings, it won’t last forever and by draining your savings you leave yourself open to huge financial problems in the future. Read More

House of Multiple Occupation Bandwagon

December 9, 2013 HMO Property Insurance

If you’re letting out a property to tenants who aren’t related to one another, the property may be classed as a house in multiple occupation.

Many landlords and property developers alike appear to be jumping on the HMO bandwagon given the lure of receiving multiply rent payments per month. If run correctly letting your property on a HMO basis can be very profitable, however it is imperative to understand the responsibilities that come with converting your property to that of a house of multiple occupation. Read More

Fetish Shop Insurance

December 5, 2013 Goldcrest Insurance

With the ever increasing number of Adult shop insurance, Fetish shop insurance and Sex shop insurance enquiries we receive, it seems only sensible that we address the subject to our adhering followers.

To the outside world the prospect of discussing anything with the words “Fetish” or “Sex” in the occupation seems like a shady, uncouth subject, not to be murmured in the public domain – but in the words of Edward Bernays “sex sells”, and where there is a demand there is a need – and this is an area of insurance in which we are extremely competitive on. Read More

HMO Changes in Bath and Somerset

December 2, 2013 HMO Property Insurance

It is anticipated that more than 1000 HMO applications will be sent in by the end of the year, after which a license will be needed for HMO’s in Bath. Landlords of Houses in Multiple Occupation (HMO’s) around Oldfield, Westmoreland, and parts of Widcombe will need an HMO license from the 01/01/2014. Read More

Motor Vehicle Fleet Insurance

November 26, 2013 Fleet Vehicle Insurance

Fleet management for motor insurance fleet is becoming an ever important role for large companies. It has been researched that companies with poor claims management can pay up to 200% more on their fleet insurance policies. When you are looking at base premiums of £120k this works out to be a lot of money. In fact it can be so costly, it can result in that business being seriously reduced in size or folding. Read More

HMO Insurance Advice & Tips

November 21, 2013 HMO Property Insurance

Insuring an HMO property is one of many procedures an HMO landlord has to do in order to get there property up and running.

Once you have converted all the rooms inside your HMO to regulation, the next step is to get your license. This doesn’t arrive free of charge, you have to approach your local council and pay for a license. There is a fee and the on top there is a fixed fee for each habitable room inside your HMO, which does not include your kitchen or bathroom or toilet or rooms that are too small i.e. utility rooms to be deemed habitable. Read More

Does your HMO Property fall outside the norm?

November 18, 2013 HMO Property Insurance

Are you a HMO landlord, or an aspiring home of multiple occupation owner? Are you expecting various tenant types to occupy the property, such as DSS, Students, Guardians, recovering drug/drink addicts or even homeless people between hostels/housing? Or is your property a converted Hotel or Church; had subsidence or flooding history; or perhaps it’s a listed building? Read More