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CIA Landlord insurance

A huge 78% of pet owners have experienced difficulty in finding rented accommodation which accepts their furry friends. For many, it’s a huge obstacle and with a growing number of people having little choice but to rent well into their 30’s, the pressure on landlords to change their policies is stronger than ever.

Research shows that tenants are willing to pay hundreds of pounds extra to rent a pet friendly place to live. So why aren’t landlords answering the demand? Many are beginning to see the potential in the market, but many are still unsure about taking on the issues that can come with housing pets. CIA Landlord Insurance take a look at the pro’s and con’s…

Property damage

Property damageDestructive pets are said to cause £600 worth of damage to a property over their lifetime and this damage can reduce its value by up to 5%. It’s not difficult to see why landlords are put off by opening up their properties to pets. Untrained and badly behaved dogs are probably the ultimate culprits for this kind of problem – particularly puppies who are still learning what is right and wrong.

That being said, it differs from dog to dog and the majority of well cared for dogs with responsible owners are likely to be trained and well behaved. If they are being left alone for long periods of time though, this can trigger destructive behaviour so it’s well worth meeting the dog in its current home to assess its nature and chat to the potential tenant about their lifestyle to see if the dog will be home alone for a lot of the day.

Some landlords may encounter damage with cats a… Read More

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