Rent Guarantee Warranty

We realise that one of the most important issues when letting your property is that you actually receive your rent to cover any overheads on the property. 

In today's economic climate it's never been more important to make sure your rental income is safe. Even the best tenants can fall on hard times but with our recommended rent guarantee warranty you can relax in the knowledge that, if something unexpected happens, your rent will be paid.  Any claim is dealt with swiftly and your legal expenses are also covered if you need to have the tenant evicted through non-payment of rent.

We are able to provide you with a rent guarantee warranty for either a 6 or 12 month policy. If within 6 or 12 months of the start of the tenancy, the tenant fails to pay the monthly the rent your warranty will cover:

6 Month Policy

• The monthly rent, paid monthly in arrears, until the tenant has vacated the property or cover expires, whichever is sooner.
• Up to a maximum of 5 payments.
• All of the landlords own legal costs incurred in evicting the tenant as a result of non-payment of rent.

12 Month Policy

• The monthly rent, paid monthly in arrears, until the tenant has vacated the property or cover expires, whichever is sooner.
• Up to a maximum of 6 payments.
• All of the landlords own legal costs incurred in evicting the tenant as a result of non-payment of rent.

The cost of the warrenty is £80.00 per referenced tenant, for a 6 month policy or £140.00  per premier referenced tenant, for a 12 month policy. Should the tenancy be shorter than the term of the policy then no refund can be given.

On expiry, this rent guarantee warranty can be extended for a further 6 or 12 months provided that the tenant is not in arrears at that time and has not been more than fourteen days in arrears during the tenancy term or in dispute over the tenancy. We will write to you at the point of renewal to ascertain your wishes with regard to the renewal of this warranty.