Landlords – Now there’s no need to worry about unpaid rent.
All buy-to-let landlords face the danger of their tenants going into rent arrears. And despite the thorough vetting of tenants , the recession has caused more and more people to be plunged into financial difficulty.
Unemployment, sickness and marital breakdown can all lead to a tenant getting into rent arrears and the consequences you face, as a landlord, can be serious:
- You could default on the repayments of your mortgage
- You’ll have no rental income
- You’ll have to chase the tenant for rent arrears
- You’ll have to take court action to evict the tenant
And all of these cost a lot of time and money.
But Landlord's Legal Costs & Rent Guarantee Insurance can guarantee your rent payments, allowing you to predict your future finances with confidence.
Guaranteed peace of mind
Landlord's Legal Costs & Rent Guarantee Insurance covers you, the landlord, against non-payment of rent up to £2,500 per month (maximum claim £10,000 or six months' rent, whichever is the lesser amount).
Plus, in the event that your rent isn’t paid, the insurance will pay your legal costs up to £10,000 to recover possession of your property, providing that the tenant is in rent arrears.
Call the First Complete Insurance Advice Line now on 0845 872 6121* for an insurance quote.
Landlord's Legal Costs & Rent Guarantee Insurance: the facts
- Rent guaranteed – the insurance policy will pay you lost rent up to £2,500 per month and up to six months of your tenant’s contract, or until your property is re-let (whichever is sooner). (Maximum claim is £10,000). For tenancies over six months, the insurance policy will pay until vacant possession is obtained, up to a maximum indemnity period of six months.
- Legal fees paid - up to £10,000 - includes any legal costs arising from regaining possession of your property from a tenant, providing the tenant is in rent arrears. So you should be able to avoid any sizeable fees.
- Great value – the insurance cover costs just £150 a year.
Call the First Complete Insurance Advice Line now on 0845 872 6121* to find out more.
Terms and conditions apply. This information is a summary only - you must read the policy document before you sign.
Landlords: don’t worry about tenant rent arrears again
Call today on 0845 872 6121* to get a quote from the First Complete Insurance Team.
Just call First Complete’s friendly mortgage advisers to find out more.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
* Standard telephone line rates apply. Calls may be monitored and/or recorded for training and/or data protection purposes. First Complete's call centre is open Mon-Weds 9am to 7:00pm and Fri 9am to 5:30pm. First Complete is a trading name of First Complete Ltd, which is registered in England and Wales No: 05416236. VAT Number 842 759 83. Registered office address: Newcastle House, Albany Court, Newcastle Business Park, Newcastle Upon Tyne, Newcastle, Tyne and Wear. NE4 7YB. |
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