The non-payment of rent is the single biggest risk for landlords, a recent survey has found. Protect yourself and your money by getting rent and legal protection from Sheffield’s largest letting agents, Belvoir! Sheffield.
Even though this is such a big problem, only half of the letting agents questioned said they considered a discussion with their landlords to protect against this and under a third said they do not even advise clients to arrange rent protection insurance to guard against loss of rent and to cover legal expenses, should the need arise.
Rick Flay, the Managing Director of Belvoir! Sheffield said: “We believe it is our moral duty to inform our clients of the risks of not getting landlord’s rent protection insurance and the best way to go about getting covered.
“It is just good practice and all our landlords are informed of this and the services we offer, so they never feel as if they were misinformed or left in the dark should anything go wrong with the tenant.”
The rental property experts in Sheffield provide extensive rent protection services, with rent paid for up to 12 months, £25,000 worth of legal cover and handling of any claims that are made. Rick added: “It is so important that landlords are given the opportunity to either choose the services offered by the letting agent or are given details of alternative specialist insurance providers.”
Anything can go wrong with paying rent. The tenant can lose their income by either being made redundant or leaving their jobs or simply make excuses every month as to why they cannot pay. Getting rent protection insurance means you are protected against any non-payment of rent and you can rest assured that your money is safe and secure.
All Belvoir insurance policies are bespoke, inexpensive and provide an extremely wide range of benefits.
Belvoir Property Lettings Sheffield is the one stop specialists for lettings including Property Management in Sheffield, Tenant Find, Investment and Wealth Management Advice, Fit-outs and Renovations, Furniture Packs and Investment Property Insurances.
