Rent Guarantee Protection you can depend on.
Rent GUARANTEE Protection
- Even for Tenants on Housing Benefit
From only £35 per tenant or £60 per property
Why Choose Our Nil Excess Rent Guarantee Protection?
Landlords - Can you afford rent arrears? Do you have to meet BTL payments each month but find tenants are missing rent payments?
Working alongside our tenant reference supplier Let Alliance, we can provide rent protection as well as covering the cost of any potential eviction. Should your tenant stop paying rent, we will cover rent arrears for you, and what's better, there is Nil Excess! We even cover tenants in receipt of housing benefit, so no more waiting 8-weeks for housing benefit to be paid to you directly.
What Rent Protection Offers:
The rent protection provided includes:
- Comprehensive Tenant References;
- Rent Guarantee protection, providing protection from day 1 of rental arrears on a Nil Excess basis;
- Rent payable until vacant possession - even when this runs beyond the end of the tenancy agreement;
- Legal Costs to obtain possession of the property if the tenant fails to pay the rent;
- Total claims limit of £50,000;
- Monthly rolling basis - Never pay whilst property is vacant.
What Happens If The Tenants Do Fail To Pay Their Rent?
Tenants can fail to meet their rental payments for a variety of reasons, including, job loss, ill health, or as some landlords may have already experienced, housing benefit delays and the effects of rent being payed direct to the tenant by the Local Housing Authority. But with our Rent Guarantee Protection, you don't have to worry.
- Just sit back and get on with your business. If a claim for rent protection is required you don't need to be involved;
- We handle that side of things for you with a dedicated specialist;
- Our rent protection is Nil Excess and payable until vacant possession.
Does Penny Joseph Lettings Have To Manage My Property In Order To Get Rent Protection, Or Can Someone Else Manage My Property?
It doesn't matter who manages your property or if you manage your own - we can offer landlords comprehensive rent guarantee and offer preferential rates on property portfolios.
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