The prompt payment and collection of rent is one of the most important factors when renting a property.
All landlords will be relying on the rental payments due from their tenants and any delays or defaults
can lead to financial issues.
At Just Landlords we have the solution to this. Our Rent Guarantee Insurance provides cover in the event
of rent arrears and default and also provides legal expenses cover for the pursuit of delayed payments,
repossession and a whole host of other protection.
As a letting agent you will also appreciate that if the tenant fails to pay the rent then you will not
be able to collect your management fee.
Our policy is very unique in that we do not have a specific period of time in which we pay the rent arrears, therefore, should it take 4 months or 14 months to gain vacant possession of the property then we will pay the rent
arrears for the whole period of the default. You may well find that other companies will only pay rent arrears
for a specific period of time such as six months and in most cases this is capped to quite a low
maximum amount.
Another unique area of our cover is that we do not charge an excess so the rent is paid from when the
default first occurs. We have found that most other companies deduct a one month excess thus limiting
the amount of cover even further.
We believe that Just Landlords are Number 1 when it comes to protecting landlords and remember if the
rent arrears are being paid by us then you can rest assured that your monthly management fee is fully protected
so you too will not suffer any financial losses.
Have a look below at the costs of our Rent Guarantee Insurance. We think you will agree how easy and
cost effective it is to financially protect the rental income. A Rent Guarantee Insurance policy can provide
real peace of mind and remember the full cost is tax deductible against rental income – saving you even
more money!
| 6 Month Policy |
only |
£ 55.00 plus IPT* at 6% |
| 12 Month Policy |
only |
£ 85.00 plus IPT* at 6% |
* IPT is the statutory Insurance Premium Tax levied by the Government
Key Features and Benefits of Rent Guarantee Insurance
- Rent Arrears covered up to £50,000 per incident
- Legal Expenses covered up to £50,000 per incident
- No Excess to Pay
- Unlimited Period of Rent Arrears paid
- 6 or 12 Month options
- All tenant types accepted
Just Landlords, we really have the Landlords best interests at heart.
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