Rent Guarantee  

Protecting yourself against payment default by your Tenant.

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Belvoir can protect your rental income in the event that the tenant stops paying the rent for whatever reason, whether it be job loss, accident, sickness or relationship breakdown to name some examples.

You may have seen the TV programmes where tenants have owed landlords thousands in unpaid rent and then decide to leave unexpectedly. This can and does happen, but thankfully this product guards against this scenario.

Rent arrears can bring misery for landlords in terms of the financial implications and emotional stress but with this product the worry is completely taken away.

Cover is just 3.5%+ VAT which is a small price to pay for total peace of mind.

What does Rent Guarantee cover and what are the benefits?

  • Covers breaches of the tenancy agreement by the tenant, including non-payment of rent and other scenarios.
  • Legal expenses up to £100,000 to cover eviction costs of the tenant for certain breaches of their tenancy agreement.
  • Missed rental payments until vacant possession of the property or for up to 15 months, whichever comes first.
  • Up to three months’ rental payments at 75% following vacant possession (where applicable).

 

Contact the Team today

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