Invaluable protection from the experts
If tenants can’t or won’t pay, you and your landlords need to be protected. We know the importance of protecting a rental investment and as the UK’s largest provider of specialist products and services for the private rented sector we can offer you a range of services designed to give you peace of mind. Our effective protection is there for you in case things take a turn for the worse.
Exclusive changes To Rent Protection
We’re announcing more improvements to our unrivalled levels of protection.
We’ve already increased cover to 15 months, we’ve increased legal expenses to £100k.
From April 2021, we’re providing cover for 75% of the rent for up to three months after vacant possession.
When it comes to serving our customers, we simply will not be beaten. In these uncertain times, we need to step up and deliver for our customers.
We’ve done just that; our mission is to protect 1 million properties managed by the UK’s Professional Letting Agents.
Did you know?
13.2m
High Quality Tenant References Completed
£1.25bn
Our Rent Guarantee cover provides protection for over £1.25bn in rental payments.
4,500+
Over 4,500 UK Letting Agents trust us as their high quality tenant referencing partner
£6m+
As a group we've invested over £6m in technology to support the optimisation of our referencing service
All statistics provided are correct as of January 2021, Based on information held by Barbon.
Select service
Rent Recovery Plus
Inspire
When tenants can’t or won’t pay, or you need possession of the property, you’re protected
- Cover for the monthly rent, no matter how many tenants are on the tenancy agreement
- Missed rental payments until vacant possession of the property
or for up to 15 months, whichever comes first (up to £50,000) - Legal expenses up to £100,000 to cover eviction costs if the tenant is in breach of their tenancy agreement
- Up to three months’ rental payments at 75% following vacant
possession (from April 2021) - Covers breaches of the tenancy agreement by the tenant, including non-payment of rent and expired section 21 notices
- Cover should a tenant defend the action taken, meaning we’ll
continue to pay the claim until the challenge has been resolved - Rent Recovery Plus covers the whole property meaning the policy continues even when/if the tenants change
- Excess and nil excess options available
Effective rent and legal protection against tenants who fall into arrears
- Cover for the monthly rent, no matter how many tenants are on the tenancy agreement
- Missed rental payments until vacant possession of the property
or for up to 15 months, whichever comes first (up to £50,000) - Legal expenses up to £100,000 to cover eviction costs if the tenant is in breach of their tenancy agreement
- Up to three months’ rental payments at 75% following vacant
possession (from April 2021) - Covers breaches of the tenancy agreement by the tenant, including non-payment of rent and expired section 21 notices and other serious breaches of their tenancy
- Cover should a tenant defend the action taken, meaning we’ll
continue to pay the claim until the challenge has been resolved - Excess and nil excess options available
- Inspire covers the whole property, meaning the policy continues even when/if the tenants change
Inspire also includes HomeLet’s market leading tenant references as standard
Full terms and conditions for all our insurance products are available upon request.
We've launched 'the' National Rent Guarantee Scheme — ending undue risk exposure for letting agents and their landlord customers
If you’ve already got cover, we can help you make the switch; if you don’t have cover, our expert team is on-hand to answer any questions you have.
By protecting your landlords’ income, you’re enhancing your proposition and guaranteeing your management fees.
Our mission is to support your growth; get in touch with us today; let us make 2021 an exceptional year for your business.
Frequently Asked Questions
What if I'm a letting agent in Scotland?
Our Rent Protection policies also cover Scotland and will cover eviction of the tenant on PRT, Assured and Short Assured
tenancies under mandatory and discretionary grounds.
Are you ready to maximise the value of every let?
Just provide us with a few details below and we’ll be in touch quickly to demonstrate how simple it is to increase your revenue.
Alternatively, you can call us on 0330 333 7124
Our office hours are 09:00-17:30 Mon – Thurs and 09:00-17:00 Friday.