I've agreed to buy 3 terraced houses, all in the same area. 2 are adjoining, and tenanted. The other is a mile or so away and will be vacant on completion.
I'm considering insurance. Ideally I'd like a policy that provides for legal assistance and unpaid rent cover. I'm aware that rent cover generally isn't available (or effective, at least) for three months, when a house is already tenanted.
I'm then thinking that one property will be vacant initially, and that I'd want rent insurance when a tenant is vetted and accepted. And, as I'm in the hands of solicitors, the completion dates will almost certainly not be the same for each property.
All rather complicated!
My question: would I be best to treat each property separately and get a specific policy for each? Or, could a broker perhaps get me a better deal as a 'block' policy? If so, any suggestions?(Manchester)
Thanks for any replies.