Article by Mona
In the UK, most demonstrably in England and Wales where the law is more liberal, squatting is on the rise. There are 650,000 vacant houses in the UK and 20,000 squatters who live in them.
It’s more and more important than ever for you to arrange adequate vacant property insurance to help you with the eventuality of your untenanted house getting occupied by squatters.
You may have heard heaps of scaremongering about squatting in recent weeks. The surprisingly liberal UK laws and the shocking quantity of vacant buildings in the UK make squatting a very financially viable housing option! The increase in squatting in the country has sent pleanty of vacant property owners out hunting for vacant property insurance.
If you have an uninhabited property but have not arranged vacant property insurance the arrival of squatters could be an extremely pricey nightmare. You may not believe this but, if trespassers are injured in your uninhabited building, you could be liable and might be held legally responsible.
No premises are safe. Even premier houses, like the Mayfair mansion which was recently inhabited by an arts collective, are subject to squatting. In fact, the owners of this mansion never got in touch so let’s hope they had this insurance…
If you don’t have this type of insurance squatters could get you in dreadful financial problems. The Mayfair arts collective turned out to have taken exceptionally good care of the building but most squatters seriously damage properties, often stripping out the bulding materials to sell for scrap.
The rules in England and Wales state that if a squatter has not forced entry and as long as they have control over opening and locking an entrance, they can inhabit a vacant building. You may have to go through long-winded legal battles to get your squatters sent packing. Vacant property insurance is starting to seem like a really good investment at the moment.
Vacant property investment will protect your building from problems created by squatters as well as by structural and natural issues which uninhabited houses are prone to be subject to after long stretches of time.
As useful as it is, vacant property insurance is hard to source away from the web. It is also often unacceptably pricey. For advice and a surprisingly reasonable quote try http://www.propertycoverplus.com/unoccupied who may be able to help.
If you’re likely to be leaving your property empty for a stretch of time it really is best to find vacant property insurance. The stress and worry of sorting out squatters and natural structural damage can be massively reduced by this sort of insurance.
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If you’re likely to be leaving your property empty for a stretch of time it really is best to find ,a href=”http://insurance-for-properties.tumblr.com/post/9990077574/vacant-property-insurance-protects-against-squatters”>vacant property insurance. The stress and worry of sorting out squatters and natural structural damage can be massively reduced by this sort of insurance.
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