Landlord insurance in Torquay
Torquay's Riviera heyday left it with grand Victorian villas, many long since carved into flats and bedsits and let out, often to older and long-term tenants. A large old house full of separate homes carries a fire risk that a single dwelling does not.
Where the risks come from for Torquay landlords
In a big subdivided villa, a fire starting in one flat can spread through concealed voids, old timber floors and shared roof spaces into the rest of the building, putting several homes and tenants at risk from a single ignition. Older conversions without proper fire-stopping are especially exposed.
A Torquay example
A fire begins in one flat of a converted Torquay villa and spreads through the roof void into neighbouring flats before it is brought under control, displacing several tenants. Buildings cover set to the full reinstatement of the villa meets the extensive repair, and loss of rent covers the many weeks of work.
What landlord insurance covers
For a subdivided period building, buildings cover must reflect the reinstatement of the whole structure and respond to fire spreading between flats, with the multi-unit use declared. Property owners' liability for the tenants and loss of rent complete the cover.
Placing it in Torquay with Apex
Large converted villas need a rebuild figure and cover that reflect the whole building, not a single flat, and an insurer who understands them. Apex arranges Torquay's conversion and period lets through one named contact. Authorised by the FCA; established 2009.
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