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There are many reasons why a tenants may stop paying rent. They may no longer be able to afford it. They may decide they are not going to pay it anymore because of a perceived bad service. They may even prefer to spend their money on alcohol and cigarettes than rent. In all these cases the landlord will lose out on rent and you can minimise that risk by taking out Rent Guarantee Insurance.
How much does Rent Guarantee Insurance cost?
Property 118 offers various products through its close partner Discount Insurance. The Rent Guarantee Insurance is underwritten by one of the leading providers in the UK.
12 Month – 1 months excess – £99.00
6 Month – 1 months excess – £54.75
12 Months – No excess – £129.95
6 months – No excess – £69.95
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