While you take every precaution to rent to only reliable tenants, their circumstances can sometimes change outside their control. When this happens, it’s natural to be sympathetic, but also important to ensure you still receive the rental income to cover your mortgage or outgoings.
Key features and benefits of Rent Recovery Plus:
Cover for the total monthly rent, no matter how many tenants are on the tenancy agreement.
100% of the monthly rent paid for up to a maximum of six months from the date of the first arrears.
Legal expenses up to £50,000 for an eviction.
Covers breaches of the tenancy agreement by the tenant, including non-payment of rent and expired section 21 notices.
50% of the rent paid for up to two months after vacant possession has been obtained, whilst new tenants are found.
Six or twelve month cover to suit the tenancy.
Rent Recovery Plus (RRP) covers the whole property meaning the policy continues even when/if the tenants change.
Excess or nil excess options available.
To find out more, please enquire by filling out the form below. More information on renting your property can be found on our landlord page.