At Belvoir, we have made sure that you don’t have to be exposed to the risks of a contract holder defaulting on their rental payments by working in partnership with Let Alliance.
The Belvoir Rent Guarantee is now available to you. Our obligation to you is that in the event that there are any defaults in the payment of the Rent (as set out in the occupation contract) by the Contract holder(s)/Guarantor(s) within the occupation contract, we will pay the monthly rent as stated on the occupation contract agreement, until vacant possession is gained or up to a maximum of six months whichever is soonest.
The Belvoir Rent Guarantee will include:
• 100% of the rent protected, payable for a maximum of 6 months or until vacant possession, whichever is soonest, should the contract holder default
• Full legal costs for all occupation contract breaches which give grounds for possession
• Work on your behalf to deal with possession proceedings
• Full rent protection for the total monthly rent, up to £2500 per month for up to 4 contract holders as named on the Occupation contract Agreement
• Nil Excess
• Rent chased on your behalf and in house claims team
• Covers breaches of the occupation contract agreement by the contract holder, including non-payment of rent and expired notices seeking possession
• Original referencing criteria, no additional underwriting
• No Covid-19 restrictions
• Claims paid from 30 days in arrears
• Up to £50,000 claims limit
• Available for new and existing occupation contracts
If you would like more information on the Belvoir Rent Guarantee, please contact us.
