Hi
I'd appreciate advice on this.
We've just bought a house which will long term be a rental property. It needs a lot of work done to it, but we were informed that we have to have had it rented out once for Revenue to view it as a rental property, and then we can write off any renovation costs.
In the meantime we need to obviously get it insured, but because it is unoccupied at the moment (until we get a short term tenant), the insurers we've contacted at the moment, will not quote. Our timeline is get the house insured, get a tenant for 2 to 3 months (which we think we may have shortly), then start renovating (which will take 3-4 months), so it will be unoccupied for a while. On the plus side it is currently monitored by Phonewatch, and we are only 5 minutes away from the house.
Could anyone recommend an insurer who would quote for this ?
I'd appreciate advice on this.
We've just bought a house which will long term be a rental property. It needs a lot of work done to it, but we were informed that we have to have had it rented out once for Revenue to view it as a rental property, and then we can write off any renovation costs.
In the meantime we need to obviously get it insured, but because it is unoccupied at the moment (until we get a short term tenant), the insurers we've contacted at the moment, will not quote. Our timeline is get the house insured, get a tenant for 2 to 3 months (which we think we may have shortly), then start renovating (which will take 3-4 months), so it will be unoccupied for a while. On the plus side it is currently monitored by Phonewatch, and we are only 5 minutes away from the house.
Could anyone recommend an insurer who would quote for this ?