Property Let Legal Expenses & Rent Protection

The provider of our Legal Expenses & Rent Protection insurance is Rentshield Direct. The following is information provided by Rentshield Direct for your information.

Property Let Legal Expenses Insurance >> With the buy-to-let market traditionally proving to be an attractive area of investment, many mortgage providers and household insurers have tailored their products to specifically suit the buy-to-let market. Rentshield Direct provides the perfect addition to those products. By reducing the impact of a legal dispute on the flow of rental income for landlords (who may rely on this to meet their mortgage repayments), this policy is a major benefit to both landlord and mortgage provider.

Risks faced by landlords >> While it is vital that a landlord follows a strict referencing procedure, they may still find they have a tenant who doesn't look after the property, doesn't pay rent on time or doesn't pay the rent at all in some instances. Our product has been designed to resolve these problems and help the landlord repossess the property and pursue tenants for unpaid rent. The policy will also compensate for rent arrears while tenant or ex tenants remain in the property. Problems also occur that no-one can predict such as squatters and external damage to the property. We will help in taking the appropriate legal action in both of these circumstances.

How Rentshield Direct will help >> For many tenancy disputes, we will be able to negotiate a full settlement of the landlord's claim.

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