Chris Sheldon

Registered with Property118.com
Wednesday 12th June 2013


Latest Comments

Total Number of Property118 Comments: 69

Chris Sheldon

14:57 PM, 20th March 2020
About A week ago

Blogger says tenants with Coronavirus should get 3 months rent free!

Reply to the comment left by JJ at 20/03/2020 - 14:39
No Im saying if you had rent guarantee insurance prior to yesterday under the policy which lettingsupermarket use, you are covered.

Our policies which are in place currently will be renewed as if it was a continuation of cover, i cannot comment for any other insurers.

I think its pretty inevitable that RGI policy prices will be increasing when they go on sale again as insurers are potentially set to make a large loss.... Read More

Chris Sheldon

13:24 PM, 20th March 2020
About A week ago

Blogger says tenants with Coronavirus should get 3 months rent free!

Reply to the comment left by Dennis Leverett at 20/03/2020 - 12:03
Hi Dennis,

Any policy taken out prior to yesterday will cover the eventuality of a tenant not paying rent as normal regardless of the reason. The proof required is simply to prove that the tenant is 30 days in arrears via a rental statement. The nature of the arrears for policies purchased prior to yesterday are irrelevant.

I do know that our insurers (ive heard of several others as well) will not take on any new policies as of yesterday.

We havent received any guidance as to how it will work regarding court proceedings and the eviction part of the insurance however we have had confirmation that the rent guarantee will pay out.... Read More

Chris Sheldon

10:54 AM, 19th March 2020
About 2 weeks ago

Temporary solution to rent payment issues following Covid-19 advice

Reply to the comment left by LordOf TheManor at 19/03/2020 - 10:39
Hi Lord, that is correct, it would obviously be dependent on the applicants eligibility for credit but it provides a tenant with time to resolve there financial issues with no additional cost for 4 months and means that they can pay rent on time.... Read More

Chris Sheldon

10:02 AM, 19th March 2020
About 2 weeks ago

Temporary solution to rent payment issues following Covid-19 advice

Reply to the comment left by Ray Davison at 19/03/2020 - 09:56
Thats correct. There are no additional fees to our packages.... Read More

Chris Sheldon

9:23 AM, 19th March 2020
About 2 weeks ago

Temporary solution to rent payment issues following Covid-19 advice

Reply to the comment left by Ray Davison at 19/03/2020 - 09:11
the cost is absorbed by lettingsupermarket.com. Because we have a paypal business account the costs work out no different than if we were to accept a payment by credit card through our payment provider.... Read More