Our Rent & Legal Protection service is designed to remove the worry, stress and hassle out of letting a property
Rent Protection and Legal Expenses service does exactly what it says on the tin – it protects the income (rent) of a property that has been let to a tenant.
Sometimes things can go wrong – even when you’ve taken measures to protect yourself. Rent arrears can be disastrous for a landlord, who might rely on this income to pay a mortgage and other expenses.
With our Rent and Legal Protection service, landlords will always get the income they expect and, if they need legal representation to recover it, our RLP service can help.
£29.90 (incl VAT) for landlords with our Managed and Lettings services.
We’ll cover the costs and expenses of legal proceedings, including the cost of appeals, and also provide legal representation from one of our trusted partners. We’ll appoint a legal representative for the duration of the proceedings and support you throughout the process. We’ll have your interest noted on our master insurance policy and make claims for rent arrears, payable until vacant possession is obtained, irrespective of how long the claim takes, providing cover up to £100,000 for arrears and legal expenses combined. After vacant possession has been obtained, we will cover up to 90% of the rent until the property is re-let through Julian Wadden for a maximum of six weeks. We’ll also cover the costs and expenses of recovering rent from a tenant or ex-tenant, if the rent has been overdue for at least one month.
Our Master Policy can cover the costs and expenses of legal proceedings, including the cost of appeals, and also provide legal representation from one of our trusted partners. We’ll appoint a legal representative for the duration of the proceeding and provide support throughout the process. We also offer up to £250 of damages where damage costs exceed the deposit held.
Under our Master Policy we can claim for a landlord’s legal expense cover, to evict a tenant, should the tenant breach any part of their tenancy agreement that allows grounds for possession.
Our Master Policy can cover against costs and expenses relating to the dispute of a contract, entered into for the buying or hiring of any goods and services relating to the landlord’s property, providing the amount in dispute is over £100 and the agreement was entered into during the period the service was in place.
Should the property sustain physical damage of more than £1,000, caused by the tenant during the tenancy, we’ll claim under our policy to cover your legal expenses for pursuing a civil dispute.
If there are squatters or ex-tenants in the property without the landlord’s consent, our cover will assist with the costs of eviction.
Costs will be paid for up the 30 days in the event that you want to move back into your property but are unable to. Our service also covers storage costs for up to 30 days.