Tag Archives: commercial

CIA Insurance do Race For Life 2012

May 21, 2012

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At CIA Insurance we always like to do our bit for charity and two departments are doing just that on the 15th July.

Race for life comes to Rugby and the ladies who work in the Commercial and Administration departments will be taking part.

To find out more about what Race for life is and what Cancer Research does CLICK HERE.

To donate to the Commercial ‘Pink’ ladies CLICK HERE

And if you are feeling extra generous…

To donate to Kirsten from Administration CLICK HERE

Thank You.

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Buy-to-let property boom, but tenants hit with arrears…

October 27, 2011

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Landlord Assist

Landlord Assist are a nationwide tenant eviction and referencing firm and they have said the rising popularity of buy-to-let property will continue to grow with the property owners reaping the benefits.

The rental property market has stayed so strong recently because of the continuing struggle for buyers to try and get onto the property ladder.

There has also been an issue warned by Stephen Parry, commercial director for Landlord Assist, with rising rents means more tenants getting into arrears and then have to default on payments.

It has been recommended to have rent guarantee insurance if you are a landlord to avoid this. Mr Parry said :

“Unemployment is one of the main reasons why tenants default on their rental payments and unfortunately this can have a direct impact on a landlords ability to meet their own financial obligations.

The rental property market has stayed so strong recently because of the continuing struggle for buyers to try and get onto the property ladder.

“We strongly urge landlords to take immediate action in situations of rent arrears and consider taking out a rent guarantee policy to protect their interests.”

Landlord Assist has said that unemployment in the UK is currently at a 17 – year high.

We hope you found this information useful. Please remember to use CIA Insurance when you or your family and friends need motorcycle insurance, landlords insurance or commercial insurance.

Source- http://www.stride.co.uk

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