Rent Guarantee Insurance
Guaranteed rent for up to 6 months or £15,000
Additional £50,000 towards legal expenses
Legal and tax advice help line available 24/7
Low cost from only £79.00 per annum
Also provides legal expenses for eviction costs
Immediate cover & buy online
We have competitive rates online that protect landlord’s rental income if a tenant should default on their payments. Policies include Legal Expense cover towards costs incurred in issuing proceedings against a tenant or guarantor.
You can insure all of the tenants in a household and most types of tenants are accepted providing the Tenancy agreement has been signed between the tenant and Landlord. Although you do not need tenant references when you take out a rent guarantee insurance policy, you will need them if you wish to make a claim. Insurance providers usually provide an appointed solicitor for legal guidance and information throughout your claim and court proceedings.
You will need to ensure each tenant will be referenced by a licensed tenant referencing agency.
Should the tenant require a guarantor, then the guarantor must also be referenced by an approved agency.
You need to ensure that the tenant signs the short-hold tenancy agreement before the property is occupied.
One month’s rent must be paid in advance and you must also collect a dilapidation deposit prior to the property being occupied by the tenant.
Records have to be kept of all rent due, paid and any outstanding.
We have a 24 hour help line for our customers.