Landlord insurance in Corby
Corby's housing stock reflects its history, rows of solid terraces built for a steel town, now a busy and affordable lettings market with a strong regeneration story. Portfolio landlords do well here, but the older stock and the occasional empty property carry their own risks.
Where the risks come from for Corby landlords
The exposure that catches Corby landlords out is the empty property. A terraced house standing void between tenancies or during a refurbishment is a target for vandalism and, at worst, arson, and most standard policies quietly restrict cover once a property has been unoccupied for thirty days.
A Corby example
A terraced let is emptied for a refit. Three weeks in, with the property still unoccupied, a fire is started in the rear yard and spreads to the roof. Because the owner had arranged proper unoccupied-property cover rather than letting the standard policy lapse into restriction, the rebuild is met in full.
What landlord insurance covers
The workhorse cover is buildings insurance against fire, storm, flood and escape of water, plus property owners' liability. What a Corby portfolio landlord should check hardest is the unoccupancy clause: how long a property can sit empty before cover narrows, and what conditions apply while it does.
Placing it in Corby with Apex
We insure portfolios as portfolios, and we flag the void periods before they become a gap rather than after. Apex arranges unoccupied and standard let cover through one account and one broker, drawing on markets that price older terraced stock fairly. Authorised by the FCA; established 2009.
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