Berkeley Alexander unveils new BTL landlord deal

Published on

General insurance provider Berkeley Alexander has launched a new buy-to-let landlord product.

It also offers cover for unoccupied properties.

Underwritten by Ergo Versicherung AG (UK Branch), which is a part of the Munich Re Group, the new product will sit alongside Berkeley Alexander’s existing portfolio of landlord products on its quote and buy system from other insurers including Covéa, AXA, Zurich, Modus and Towergate.

Geoff Hall, managing director of Berkeley Alexander, said: “The demand for landlords’ insurance remains high as landlords continue to increase the size of their portfolios and new landlords enter the market. Periods of unoccupancy goes hand in hand with buy-to-let property and yet finding cover that also includes cover for unoccupied periods has long been an issue for brokers.

“We’re delighted to be filling this gap for our intermediaries – continuing to bring them the best choice of products and some of the most competitive rates on the market.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

MPs launch inquiry into OBR’s first 15 years

The Treasury Committee has launched an inquiry to reflect on the Office for Budget...

Atom backs investor’s move into commercial property with £3m warehouse loan

Atom bank has completed a £3 million commercial mortgage to support an established residential...

CHL Mortgages widens upper LTV range with new fixed-rate options

CHL Mortgages for Intermediaries has expanded its upper loan-to-value range with a series of...

Swansea Building Society expands West Wales leadership remit

Swansea Building Society has promoted Sioned Jones to area manager, West Wales, with effect...

Nationwide slapped with £44m fine over prolonged financial crime control failures

The Financial Conduct Authority (FCA) has fined Nationwide Building Society £44m after finding widespread...

Latest publication

Other news

MPs launch inquiry into OBR’s first 15 years

The Treasury Committee has launched an inquiry to reflect on the Office for Budget...

Atom backs investor’s move into commercial property with £3m warehouse loan

Atom bank has completed a £3 million commercial mortgage to support an established residential...

CHL Mortgages widens upper LTV range with new fixed-rate options

CHL Mortgages for Intermediaries has expanded its upper loan-to-value range with a series of...