9 Crown Row, Bracknell, Berkshire, RG12 0TH
Liam McDonnell
Lettings Valuer
Liam attended school locally in Ascot and began his career in estate agency aged 18 in the Bracknell area. He has gone on to gain experience within the Maidenhead, Reading and Wokingham markets too. Building relationships is what Liam enjoys the most in his role, which gives him the opportunity to meet and help all kinds of people. Away from work, Liam enjoys playing football throughout the week and for a local Bracknell team on a Sunday (some say the next Sunday League Pirlo).
The best piece of advice I’ve ever been given is…
The way to get started is to quit talking and start doing.
Top of my bucket list is…
To travel around America and Australia.
On Sunday mornings, you can usually find me…
On a football pitch in all weathers – potentially a little jaded from the night before.
My guilty pleasures are…
Watching Super Sunday and the F1 whilst devouring a takeaway. Highly recommended.
The thing I like best about my job…
Helping and advising landlords on how to make the process of letting their property as stress-free as possible, and assuring tenants throughout the process so that it becomes an enjoyable and exciting experience.
The person I’d most like to go for a drink with is…
Sir Alex Ferguson.
13 Sep 2016
We are all used to taking insurance to cover us in the event that the worst happens. If your home has a fire or is burgled, you want to know that you will at least be financially compensated.
If you are a landlord, you probably have ‘buy-to-let’ insurance but you’d be mistaken to think that it is likely to cover you in the event that your tenant stops paying the rent. Landlord’s insurance usually extends to the usual building replacement and contents cover, emergency assistance and legal cover and perhaps some liability insurance. Some policies also include ‘rental cover’ but this doesn’t mean it’ll pay if your tenant falls into arrears. In most cases it will only cover lost rent for periods when a property is uninhabitable because of another insured event such as a fire.
If you want to take insurance to cover the risk of a tenant that ceases to pay their rent then you need to consider Rent Guarantee Insurance. This can sometimes be purchased as an add-on to standard landlord’s property insurance or can be purchased as a separate policy.
Many insurers will require the landlord to undertake a thorough referencing of their tenant prior to signing their Assured Shorthold Tenancy and they’ll expect the landlord to take and protect a tenant’s deposit. Furthermore, some insurers may only cover the rental void for a fixed period of time or after the rent has ceased for a period of say 90 days, so it’s worth checking the small print.
If you let your property with Duncan Yeardley we can provide a rent recovery policy that covers you for non payment of rent. Contact us on 01344 860121 to find out more.
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