What is Rent Guarantee?
Legal & Rent Guarantee is a great way for Letting agents to offer their landlords an enhanced service, while also earning an increased income and taking care of regaining possession of your landlord’s property should the tenant default on their rental payments.
Should your tenant default on their rental payments, the costs associated with legal fees and missed rental payments can run into the thousands.
By offering your landlords Rent Guarantee in your service not only will you be able to maintain the landlord’s rental payments but also have the legal costs covered up to £100,000 to help with section notices, eviction, and professional legal advice.
- Nil Excess
- £100,000 Legal Cover
- Rental payments up to £2500 a month for a maximum of 15 months
- Vacant Possession cover at up to 75% of the rental amount for a maximum of 3 months.
- Section Notices Served
- In House Claims Service
- 60-day claim reporting period
- Manage your policies online (Purchasing, Renewing, Documents, Claims)
- Backed by one of the UK’s largest insurers Aviva
- Pay monthly (Available at 7% interest charge)