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Lettings

Landlord Rent Protection Guarantee

When tenants can’t or won’t pay, you are protected, not only from rent arrears but also from any tenancy breach.

  • Full rent protection for the total monthly rent, for up to 4 tenants, as named on the Tenancy Agreement
  • Rent payable until vacant possession is obtained with no time limit and regardless of when the fixed term tenancy ends
  • Legal costs to obtain possession of the property if the tenant fails to pay the rent
  • Total claims limit of £100,000 – Covers breaches of the tenancy agreement by the tenant, including non-payment of rent and expired notices seeking possession
  • Court attendance included as part of the service
  • Policy is fully transferrable to ensure continuous cover even when the tenants change (subject to satisfactory references)
  • Nil excess with rent paid from the point of the first arrears

Complete peace of mind for Landlords

Relax in the knowledge that your rent is protected and you will not be out of pocket.

Testimonial

"We own a house in London which we have let through Chestertons. On the recommendation of Stephen O’Connell, Director of Lettings at Chestertons, we took out Rent Guarantee cover.

Our former tenant, who otherwise took good care of the premises, got into financial difficulties halfway through the lease, and for more than ten months paid no rent.

This would have put us in serious financial jeopardy had we not had the guarantee. The cost of this product is reasonable, and includes the necessary solicitors’ fees and disbursements to regain vacant possession of the premises.

We recommend Rent Guarantee to any property owners who are considering letting their premises to tenants. Peace of mind is a valuable commodity!

That rent guarantee sure saved us a lot of heartache! And money!"

Mr G & Ms L