Who pays for the home insurance when you let your house?
May 11, 2009 by admin
Filed under Questions and Answers
fantasyvn2002 asked:
I ask this question on behalf of my friend, who lives in Malaysia. He wants to know what the law in England will be in this case.
I ask this question on behalf of my friend, who lives in Malaysia. He wants to know what the law in England will be in this case.
My friend is gonna let his house to another, so that he can have some income. A question arises: They need to buy a home insurance in case there is an accident like fire. Apparently in Malaysia, a homeowner doesn’t have to buy insurance for his house.
So in this case, who should pay for the home insurance, the homeowner or the tenant? I mean, the rental period is 2 years, and the insurance, if paid, will cover for 2 years only.
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What are my options in getting a new mortgage; will it be a regular one or an investment mortgage?
November 3, 2007 by admin
Filed under Questions and Answers
eric_j_morton asked:
I bought a house a year ago and fixed it up while I was living n it. Now I want to buy a new house and rent my current one out. What are my options in getting a new mortgage; will it be a regular one or an investment mortgage?
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I bought a house a year ago and fixed it up while I was living n it. Now I want to buy a new house and rent my current one out. What are my options in getting a new mortgage; will it be a regular one or an investment mortgage?
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