Extra cover for landlords

The new product provides added peace of mind for private landlords or anyone thinking of letting out their property to others.

It offers cover choices for Buildings Only or Buildings and Contents, the latter providing cover for contents up to a value of £10,000.

The policy, which compliments The Derbyshire's existing household and income protection insurance products, also provides cover for up to £5,000 loss of rent, up to £5,000 re-letting costs and up to £2m of property owner's liability.

Earlier this year, The Derbyshire won the title of ‘Best Discounted Rate Buy to Let Mortgage Provider’ at the 2004 Moneyfacts Business Awards in London.

Darren Bailey, The Derbyshire's Group Product Manager, said: "The Buy to Let housing market is still very strong and has grown by around 14% in the last 12 months. But one of the most important things that a private landlord or anybody who rents out their property should bear in mind is protecting their investment and their assets.

"The Derbyshire's new Buy to Let buildings policy provides customers with the peace of mind of knowing that whilst their property is being let out, it will still be protected."