At Belvoir Loughborough, we know that the most important thing for 99% of landlords is that the rent gets paid and gets paid on time. We have a strict approach to referencing to select the most suitable tenants for you and minimise any risk to your rental income.
Unfortunately though, even with the best referencing, a tenant’s circumstances can always change and sometimes lead to rent arrears. If this does happen, we will utilise all avenues to try and obtain payment and keep you updated at all times.
To help you achieve full peace of mind though, we can offer our Belvoir Rent Guarantee. For the cost of just £165+VAT a year (£198 inc. VAT), if the tenants can’t or won’t pay the rent, we will pay rent out to you until they start paying again or vacant possession of the property is regained. Unlike many other policies offered by insurance companies, there is no excess and rent is payable from Day 1 of the arrears. It will cover you up to a limit of £50,000 and will even pay for any legal costs incurred whilst regaining possession.
For more information, please call our office on 01509 260777 and ask to speak to James.