Exclusive changes To Rent Protection
A First for the Market
Our rent protection scheme provides cover for over £1.2bn in annualised rent, for over 100,000 UK properties. We’re using our might to enhance our market leading products.
Effective from 1st March; HomeLet rent protection will provide:
Missed rental payments until vacant possession of the property or for up to 15 months, whichever comes first. This is unique in the market.
Legal Expenses cover for up to £100,000, doubling the current cover level.
Cover should a tenant defend the action taken, that means that we’ll continue to pay the claim until the challenge has been resolved.
What is rent protection?
Even the best tenants can fall on hard times and over half (58%) of landlords and agents cited a tenant being in arrears as the most common reason for ending a tenancy according to Government findings.* Whilst it’s natural to be sympathetic, your rental income still needs to be paid. Give yourself the reassurance that you’re in safe hands.
If tenants can’t or won’t pay, you and your landlords need to be protected. We know the importance of protecting your rental investment and we can offer you a range of services designed to give you unrivalled peace of mind. Our effective protection is there for you in case things take a turn for the worse.
*Read the full report here
Why HomeLet?
Invaluable protection
We know the importance of protecting a rental investment. As the UK’s largest provider of specialist products and services for the private rented sector one of the Top 50 insurance brokers* in the country, 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.
These valuable protections will ensure that you receive the monthly rent payable for up to a maximum of six months if your tenant defaults. You can also benefit from our market-leading tenant references and up to £50,000 of legal expenses, including eviction costs. These services also include a range of features to provide you with a suite of cutting edge protection products, including:
- £50,000 to cover eviction costs if the tenant is in breach of their tenancy agreement
- Tenancy breaches, including non-payment of rent & expired Section 21s covered
- Nil and paid Excess options available
- NO COVID-19 RESTRICTIONS
*As ranked by Insurance Times Top 50 Brokers 2019
In-house expertise
Not only are we the UK’s largest provider of specialist products and services, we’re the only provider in the market with all our functions under one roof. So you can be sure you’re dealing with industry experts every step of the way. Our core values of one team, respect and fairness, ownership and innovation ensure you’ll always receive great service, meaning you can rest knowing you’re in safe hands.
Our experienced in-house Legal and Claims team will manage the eviction of tenants. We’ll guide you and your landlords through the complex eviction process to ensure compliance at every step.
Unrivalled Experience
W Eastman – Head of Legal & Claims“We’re not traditional.
Traditional Claims Handlers act as a go between for loss adjusters, legal professionals, contractors, retailers and the Policy Holder, usually handling several different lines of insurance. They’re often outsourced and are restrained by processes set by third parties. The Policy Holder is just one small part of a large tangled web of processes and people.
We’re unique.
We specialise in Rent Guarantee and associated Legal Expenses. We don’t outsource any part of our claims handling, we handle it all in house from start to finish. We’re not restrained by third parties and our customers only have to deal with us.
Our claims handling experience is unrivalled.“
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.