Despite the thorough vetting we always undertake, sometimes unexpected circumstances arise. Unemployment, inability to work due to sickness or marital breakdown can all lead to tenants not paying their rent. The consequences for you as a landlord can be serious, you could find that you're unable to keep up with repayments on a mortgage or secured loan.
Our partners at LegalforLandlords provide an insurance product specifically for landlords to remove some of the risk. Offering knowledgeable, friendly staff and making life easier for landlords.
Reasons to choose LegalforLandlords
Rent arrears covered up to £50,000 per incident
Legal expenses covered up to £50,000 per incident.
6 and 12 month policy options available. Policies can be transferred to new tenants.
No excess to pay.
A LegalforLandlords Complete or Guarantor reference must be accepted.
A deposit equivalent to one months’ rent must be taken in advance.
Rental payments must be taken in advance.
The deposit must be registered correctly.
Rental payment records must be recorded.
A claim must be registered within 30 days of missed payment.
The policy start date must be within 30 days of the reference report.