Rent Guarantee Service for landlords

What is Rent Guarantee for landlords?

Rent Guarantee is a type of insurance policy or scheme that protects landlords from financial losses if tenants don't pay their rent.

How does Rent Guarantee work?

If a tenant doesn't pay the rent, this service will:

Continue to pay the rent to you (minus our fee) until you get your property back (up to maximum rent of £8,000/month.)
Cover all the legal expenses required to evict a non-paying tenant from your property
Cover up to £100,000 for any single claim
Provide a market-leading mediation service to give you the best chance of getting your property back sooner

Request a callback about Rent Guarantee

Fill out the form with your details and an adviser will be in touch.

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What's included in the Rent Guarantee

Rent protection

Where we are covering your claim for repossession:

Unpaid rent up to the limit of indemnity until vacant possession is gained;
50% of the monthly rent that would have been payable for a maximum of 3 months until your property is ready to be re-let, if it cannot be immediately re-let due to neglect or damage caused by your tenant.

Repossession

Pursuing your legal rights to obtain possession of your property from the tenant.

Rent recovery

Pursuring the tenant to recover any rent owed to you under your tenancy agreement.

Alternative accommodation and storage costs

Contribution towards the cost of alternative accommodation for you and the storage for your personal possessions for a maximum of 30 days where the tenancy agreement has ended and you are seeking possession of your property for you to live in it.

Damage to your property

Pursuing your legal rights against the tenant or another party who has directly caused damage to your property and its contents.

Nuisance of trespass

Pursuing your legal right in a dispute relating to a legal nuisance or trespass which interferes with the use, enjoyment or right over your property and to evict anyone who is not your current or former tenant from your property.

Defence of criminal prosecutions

Defending your legal rights if an event arising from your letting of your property leads to pre-charge - interview by the police or other prosecuting authorities where suspected of committing a criminal offence - or prosecution in a criminal court.

Contract disputes

Pursuing or defending disputes arising from a breach or alleged breach of a contract for the buying or hiring in of good relating to your property or the buying or hiring in of services relating to the repair, maintenance or renovation of your property.

Tax enquiries

Representing you in a HMRC investigation into your personal tax affairs.

Witness expenses

Compensating lost salary or wages for the time you are off work to attend court.

*Terms and conditions apply. Rent guarantee payments may be paid for an indefinite number of months until vacant possession is gained, except where the tenant provides a valid defence to the eviction in which case payments are capped at 12 months. 75% of the monthly rent paid after vacant possession is gained in some circumstances. Total payment for any one claim is capped at £100,000.

Calculated from 3.36% service fee on rental of £1,500pcm (£49.31/day) - equivalent to £1.66 service charge per day.