Rent protection and legal expenses insurance
***Update June 2020***
Due to the Covid-19 pandemic, the insurance provider removed their rent protection and legal expenses insurance offering.
They have now re-instated this option, but it is less attractive than it once was. Whilst this is understandable due to the current and potential economic uncertainty, as well as the inability to evict problematic tenants at this time, you should consider whether the offering is now suitable for your requirements (it used to be a no-brainer in my opinion, but perhaps at least some cover is better than none at all).
Although CRJ Lettings comprehensively reference all tenants before a tenancy is agreed, unfortunately, even great tenants can suddenly hit upon hard times.
Taking out a rent protection insurance policy can give you peace of mind that should this happen, you will limit your own financial suffering.
✓ Covers six-month's rental payments, up to £15,000
✓ Covers legal expenses up to £25,000
✓ One month's excess
✓ Tax deductible expense
If you are not protected against tenant default, including legal expenses and the cost of evicting tenants, not only are you missing out on your own peace of mind, you could be setting yourself up for a large loss of income.
Protect yourself for just £25 a month with our rent protection service
CHICHESTER PROPERTY NEWS
& MOVE-IN ONLY
TENANT FIND &
£349 + £99pcm
NO HIDDEN EXTRAS
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