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Hi Karmark
Did you find an answer to your query or still need help. I have worked for Westpac Bank as a Home Finance manager for many years and if you have any queries with respect to any banking mattersand to get free advice please do not hesitate to email me at [email protected]
Thanks
The best thing to do right now is to take a land lord insurances, please check with the company if the cover does cover all the issues quoted by your tenant, if you dont have one of this insurances i suggest that you speak to one of the banks or email me your details. You will have up to 20 Million in public liability claims against you, plus have protection from damages caused by tenants, loss of rents if the property is left unoccupied due to a issue in the building like damage, fire, even if the tenant refuses to pay you rent etc.
Please check the terms and conditions, exclusions and ensure you get a good understanding on whats covered and whats not. cost less than $ 300 per annum approximately and at the end of the day you can claim this expense, so why not.
Cheers
balaji
[email protected]
