Working exclusively in conjunction with Uinsure, SimplyBiz Mortgages has launched a Portfolio Review service for its Members.
To take advantage of this new service, Members need only send an email across to a dedicated email address (containing their clients’ BTL portfolio and current insurance renewal dates) and one of Uinsure’s Regional Development Managers will then contact them to outline the General Insurance options available.
Of the options available, this could include providing individual quotes for Uinsure’s Defaqto 5 Star-Rated BTL policy (via Uinsure’s award-winning system) – or, alternatively, the enquiry could be dealt with by Uinsure’s Specialist Commercial Referral team who have access to Portfolio Insurance options.
Martin Reynolds, CEO of SimplyBiz Mortgages, stated: “BTL has seen multiple changes over the last few years and launching the Portfolio Review service will allow Members to ensure that they are providing a full service including Landlords insurance. With Landlords now providing Members with full details of their portfolios, they are in a perfect position to help protect their assets. Even if GI is not at the core of a Member’s business, the referral option still provides a positive opportunity.”
Mark Hutchings, Head of Sales and Distribution at Uinsure, commented: “Last year’s PRA changes to affordability checks, that affected Portfolio Landlords, may have increased the administration work required when arranging BTL mortgages - but new rules that require landlords to collate information about all properties in a portfolio provides an opportunity for brokers to review the insurance needs of landlords. Uinsure’s flexible, comprehensive and competitive BTL offering provides a perfect home for portfolio landlords.”