It's possible to GUARANTEE your rental income from as little as £12 a month*
As a responsible managing agent, we feel it's
necessary to protect your investment, and make your tenancy as safe and as risk
free as possible. With us, if your tenant is unable to pay his rent, you don't
have to lose out.
Assuming the rental is £500 per calendar month...
| Income without cover | Income with Cover | |||||||
| Month 1 | £0 | Month 1 | £0 | One month policy excess | ||||
| Month 2 | £0 | Month 2 | £500 | |||||
| Month 3 | £0 | Section 8 served by solicitor - £££ | Month 3 | £500 | Section 8 served - no charge | |||
| Month 4 | £0 | Court & Solicitor fees incurred | Month 4 | £500 | Court instructed - no charge | |||
| Month 5 | £0 | Bailiff Fees incurred | Month 5 | £500 | Bailiff instructed if possession not recovered - no charge | |||
| Month 6 | £0 | Possession regained, but no income until relet | Month 6 | £500 | Possession regained | |||
| Months 7-9 | 50% of rent paid whilst property is unoccupied and being remarketed. | |||||||
| TOTAL COST TO LANDLORD | TOTAL COST TO LANDLORD | |||||||
| £3000 | Lost Rent | £500 | Lost Rent | |||||
| £800 | Solicitors Fees | £0 | Solicitors Fees | |||||
| £200 | Court Fees | £0 | Court Fees | |||||
| £150 | Bailiff Fees | £0 | Bailiff Fees | |||||
| £4150 | £500 | |||||||