Rent Guarantee Insurance

Rent Guarantee Insurance – Commercial Plus

Rent Guarantee Insurance is a part of our commercial plus policy and is an option that can be added to our Landlord Insurance Policy.

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Commercial Plus Policy Summary

Indemnity for legal expenses

for disputes with the tenants over:

  • Obtaining possessions of the property.
  • The use of the property.
  • Dilapidation and nuisance.
  • Repair and renovation cover – provides indemnity for legal expenses to pursue or defend disputes relating to the repair or renovation of the property.

Cover can also includes:

  • Maintenance disputes – Indemnity for legal expenses from disputes with the tenant over maintenance issues.
  • Health and safety prosecution cover – provides indemnity for legal expenses to defend some prosecutions brought under Health and Safety legislation.
  • Employment disputes – provides indemnity for legal expenses to defend disputes with employees.
  • Tax protection cover – provides indemnity for professional expenses incurred when representing the insured at a Revenue enquiry.
  • Rent recovery – provides a service to recover unpaid rent from tenant.

If selected, Rent Guarantee Insurance cover for:

  • Evicting tenants for non-payment of rent or continuing to occupy the property after the end of the tenancy.
  • The unpaid rent until vacant possession is obtained, provided that:
  1. The property is “residential” property let under an assured shorthold tenancy.
  2. The tenant passes a tenant reference check.
  3. A deposit and the first month rent has been paid.
  4. Contractual and statutory notices have been issued.

Additional Support

24 hour telephone legal advice – to provide you with legal advice, health & safety and taxation information without having to pay.

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Rent Guarantee Insurance Blog Articles

Real estate agent at work

Buy-to-let growth to continue

While would-be first time buyers continue to struggle to get a foot onto the property ladder, there is good news in store for landlords as the buy-to-let market looks set to continue on...

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7% yield guaranteed by Barratt

As the buy-to-let market continues to grow, Barratt Yorkshire East has announced a new scheme offering a guaranteed 7 per cent yield to investors who buy their show homes. Sales Director Paul Hogan...

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Are tenancy deposit schemes working?

Tenancy deposit schemes were introduced to protect both landlords and tenants in the case of disputes over deposits at the end of a tenancy agreement. However, only one in five letting agents and...

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Time and money

Act quickly to protect deposits

With new changes to tenancy deposit schemes due to come into effect on 6 April, landlords who have not yet protected their deposits have been urged to do so as soon as possible....

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