New landlords insurance product for The Source

Published on

insurance-types

The Source has added Landlord’s Choice to its buy-to-let insurance panel.

It said the move was part of an ongoing strategy to expand the range of providers in both the landlords property insurance market and household market.

Landlord’s Choice, the new product which is underwritten by e-Underwriting, provides buildings cover of up to £650,000 and “generous” contents limits. Although aimed principally at professional tenants, it will cover all tenant types.

The scheme has a number of extensions where tenants are working people, including malicious damage, and theft by tenants with a standard excess of only £100.

Mick Cairns, insurance director, said: “e-Underwriting bring some additional depth of cover to our panel offering for landlords with some quality features in an increasingly competitive market.”

Rob Rushton, head of sales and marketing, added: “This is the first of a number of additional providers we are looking to bring onto our landlords property insurance panel this year. We want to give our brokers as much choice and range as we do on our household panel and the addition of e-Underwriting takes us a step closer.

“It forms part of our ongoing commitment to offer our brokers a more choice to meet their customers‘ needs.”

The Source plans to continue to extend its’ product offering into the lettings sector during the rest of 2013.

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

CHL cuts buy-to-let rates by up to 25bps

CHL Mortgages has reduced rates across its short-term let and limited edition buy-to-let ranges. The...

Darlington cuts rates across buy-to-let and specialist ranges

Darlington Building Society has reduced mortgage rates by up to 50bps across its buy-to-let,...

HTB backs £2.4m Mitcham scheme

Hampshire Trust Bank has provided a £2.4m development finance facility for a mixed-use scheme in...

The Mansfield reports record mortgage lending for second year running

Mansfield Building Society has reported record mortgage lending for the second successive year, after...

West Brom cuts rates and adds options to strengthen remortgage appeal

West Brom Building Society has reduced mortgage rates by up to 30bps while widening...

Latest publication

Other news

CHL cuts buy-to-let rates by up to 25bps

CHL Mortgages has reduced rates across its short-term let and limited edition buy-to-let ranges. The...

Darlington cuts rates across buy-to-let and specialist ranges

Darlington Building Society has reduced mortgage rates by up to 50bps across its buy-to-let,...

HTB backs £2.4m Mitcham scheme

Hampshire Trust Bank has provided a £2.4m development finance facility for a mixed-use scheme in...