LANDLORDS RENT AND LEGAL PROTECTION
Landlords Rent and Legal Protection
BEING A LANDLORD MEANS SIGNIFICANT FINANCIAL COMMITMENT, AND AS WITH ANY INVESTMENT YOU'LL WANT TO REDUCE YOUR RISK WHERE YOU CAN
We take our job as your letting agent very seriously, so it is as important to us to make sure your property is properly looked after as it is for you.
Because of this we partner with a third party referencing agency to screen potential tenants, and we’re confident doing this means we get good tenants for you from the outset.
However, anyone can have a change of circumstances and we’ve all heard about examples of redundancy, relationship breakdowns, ill health or bankruptcy, leaving tenants:
- Unable to pay the rent
- Unwilling to move out at the end of the tenancy
- Causing a delay in you regaining possession of your property
As a letting agent that cares, we have a Rent and Legal Protection insurance policy and as an exclusive benefit of partnering with us, our landlords have the advantage of opting for an interest in our policy.
| Rent & Legal Protection Features | ||
|---|---|---|
| Covers rents up to | £1,000 | £2,500 |
| Claim limit | £75,000 subject to: • £1,250 limit on legal costs for repossession • £330 for mediation costs |
£75,000 |
| Rent arrears covered | 100% of the rent for up to six months(over and above the excess) or until vacant possession, whichever is first | 85% of the rent for up to six months(over and above the excess), or until vacant possession, whichever is first |
| Excess | 2 months' rent for rent arrears claims Nil excess for all other claims |
2 months' rent for rent arrears claims Nil excess for all other claims |
| Eviction of tenants | Up to £1,250 for repossession £330 for mediation |
Up to claim limit |
| Eviction of squatters | ✓ | ✓ |
| Legal costs to pursue the tenant for property damage | ✓ | ✓ |
| Legal costs to pursue the tenant for rent arrears | ✓ | ✓ |
| Post-vacant possession cover | ✗ | ✗ |
| Covers | Any breach of tenancy, including anti-social behaviour | Any breach of tenancy, including anti-social behaviour |
| Claims exclusion period | None, provided there has been continuous rent protection and legal expenses cover in place since the start of the tenancy | None, provided there has been continuous rent protection and legal expenses cover in place since the start of the tenancy |
| 24/7 Free telephone helplines | ✓ | ✓ |
As with any cover, limitations and exclusions apply. For full details and terms and conditions, please see the Policy Booklet and Policy Summary Key Facts.
Contact Us
Get more information on our Rent and Legal Protection product for landlords.