House Insurance.

[allgram]

Hello, my wife and I retired to Spain leaving our daughter to live in our house (owned by my wife and I),after looking at insurance for the house my daughter has been told by various insurance companies that she cannot have "buildings and contents" insurance together, only contents, and we (as the owners) must take out landlords insurance.
We have no reason to go back to the U.K. and she lives there rent free,obviously paying the bills etc,is there an insurance company she can go to for "contents and buildings" insurance or will I have to pay a landlords insurance...?
Phew, Thank you allgram.

[buildersmate]

It's the owner of the property who needs the buildings insurance and, irrespective of your joint decision with your daughter not to have a formal tenancy agreement, you are still a 'landlord' and the property is not hers.
I think you will find that it is a standard proposal question when applying for buildings insurance that the proposer confirms that he/she owns the property.
That's why the various companies are saying what they are saying.
I don't see why you need to come back to the UK to fix this - you could buy a policy from a UK company whilst in Spain.

[allgram]

Thank you buildersmate for your clear explanation to our problem,we have had a tentative look @ landlords insurance wow is it expensive eh!,anyway thank you again.
allgram.

[Peter Pedant]

I use Wesleyan in Brum for buildings insurance
I have never claimed - and the premium is £100-200

Good luck for contents insurance on a rented property
I have never found anyone who does it

Your daughter has to do that herself as you cannot insure for something whose loss you cannot mitigate/minimise

[JaneDoe2]

allgram, we have Landlords insurance and find its very reasonable. We have it through SAGA and for a 2 bed semi valued under £100K its £125 per year.

[Peter Pedant]

if you are neva going back to the property
and you are not taking rent.....

have you thought of gifting the property to her ?

althought this isnt the answer to the q that ws asked
you qualify for valid potentially exampt transfer
all you have to do is live for another seven years

but then of course you cant eva move back in
and you cant really visit and sleep over

worth a thought though

[sherrardk]

We have contents insurance for our rented property from M & S, it also covers us and our children for travel insurance - I think it was about £150 and we have quite a high level of contents value too.