Safe as houses
Compared with owner-occupiers, professional investment landlords tend to prioritise quality well above price when it comes to insurance, says Mark Ritchie
As 2009 unfolds, the economic statistics hardly give us much to be optimistic about. In an austere market, it is inevitable that the small to medium-sized enterprise (SME) sector will feel the effects of this acutely, ranging from significantly reduced turnovers to business closures. With turnovers falling, rateable features will shrink and brokers will be faced with an attack on their income.
However, hidden among the more gloomy statistics, one market has positively benefited from the downturn
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