Rent Guarantee and Legal Expenses Insurance
Would you be able to cover your expenditure and costs over a prolonged period of time if this happened to you?
In the current economic climate many landlords are finding their rent default rates increasing as many tenants struggle with unemployment, lower salaries and increased bills. Recovering arrears can be difficult and very costly for landlords without any guarantee of success or recovery.
At Just Landlords our Rent Guarantee Insurance will cover you against your tenant defaulting or failing to pay the rent, taking away some of the stress associated with being a landlord.
Have a look below at the cost of our Rent Guarantee Insurance, we think you will agree how easy and cost effective it is to financially protect your rental income.
A Rent Guarantee Insurance policy can provide real peace of mind and remember the full cost is tax deductible against your rental income - saving you even more money!
|6 Month Policy||only||£ 60.00 plus IPT* at 9.5% (£5.70) = £65.70|
|12 Month Policy||only||£ 93.00 plus IPT* at 9.5% (£8.84) = £101.84|
* IPT is the statutory Insurance Premium Tax levied by the Government
Just Landlords Rent Guarantee Insurance provides the following cover
- Rent Arrears covered up to £50,000
- Legal Expenses covered up to £50,000
- No Excess to Pay
- Unlimited Period of Rent Arrears paid
- 6 or 12 Month options
- All tenant types accepted
- Cover is provided by MSL Legal Expenses Limited
* You must obtain satisfactory references for each tenant or guarantor before the tenancy agreement started for rent arrears cover.
Full details of these references can be found in the policy wording.