Landlord insurance in Nottingham

Nottingham's two universities drive a large student and young-professional rental market, and much of the city-centre stock is flats above shops, takeaways and bars, from the Lace Market outward. Living above a commercial unit brings a risk of its own.

Where the risks come from for Nottingham landlords

A flat let above a ground-floor takeaway, shop or bar is exposed to a fire that starts below it, in a kitchen, a store or faulty wiring, and rises into the residential floors. The landlord of the flat depends on cover that responds even though the fire began in someone else's premises.

A Nottingham example

A fire starts in a ground-floor takeaway beneath a Nottingham flat and spreads upward, causing fire and smoke damage to the let above. The flat landlord's buildings and contents cover meets the reinstatement of their property, and loss of rent covers the tenant's displacement, regardless of where the fire began.

What landlord insurance covers

For a flat over commercial premises, buildings cover must respond to fire and damage originating below, and it helps for the insurer to know exactly what trades beneath. Property owners' liability, landlord's contents and loss of rent complete the cover for a mixed-use let.

Placing it in Nottingham with Apex

Flats above shops and food premises are a specialist placement, because the trade below changes the risk, and we describe it properly. Apex arranges Nottingham city-centre lets through one named broker and the right markets. Regulated by the FCA; established 2009.

Related

• Commercial property insurance Nottingham
• Business insurance Nottingham
• Public liability insurance Nottingham