Renters’ Rights Act: risk minimisation
Like it or not, the Renters Rights Act is just weeks away now, so for those of us who have not already completely sold up, we need to take this seriously.
The Renters’ Rights Act has left landlords feeling betrayed, exposed, and, in many cases, trapped, but there is a way for landlords to reduce risk.
There are big differences between understanding the Renters’ Rights Act, feeling exposed by it, expressing grievances, and regaining peace of mind.
When risk becomes insurable at a reasonable premium, that changes everything.
Over the past few months, landlords have read the summaries, followed our updates, and debated what the Renters Rights Act might mean for them. However, as implementation gets closer, the conversation is becoming less about legislation and more about personal exposure, because once you strip everything back, the issue is not legal, it’s financial.
Lenders are also feeling this pressure
Howard Reuben, founder of Assured Protect and a long-standing Property118 sponsor, has built a specialist proposition in this area.
Several buy-to-let lenders have recently invited his team to present to their national teams, reflecting the growing importance of risk-reduction in the current environment.
Assured Protect works with a panel of over 200 insurance markets, including Lloyd’s syndicates and direct providers, and has recently expanded its advisory team following a partnership with an insurance consolidator.
The new Assured Protect Rent Guarantee Insurance policy provides up to £100,000 legal expenses protection per claim, providing the money to cover legal costs and expenses to help pursue or defend your legal rights arising from a claim involving all of the following:
• Rent Recovery: Covers the costs and expenses of pursuing a tenant over unpaid rent.
• Tenant Eviction: Covers the costs and expenses of obtaining vacant possession from the tenant.
• Tenant Property Damage: Covers the costs and expenses of pursuing the tenant for damage to the property.
• Legal Defence: Covers the costs and expenses of defending you in relation to civil or criminal court proceedings arising from the letting of the property.
• Property and Squatter Protection: Covers the costs and expenses of pursuing a third party in relation to a nuisance, a trespass, unauthorised occupation or damage caused to the property.
• Court Attendance: Cover for loss of salary for your time off work if you are required to attend a court or tribunal.
• Tax Protection: Covers the costs and expenses of representing you in a Tax Enquiry or Cross Tax Enquiry, PAYE disputes, VAT disputes.
• Rent Guarantee: Covers the cost of unpaid rent before vacant possession is obtained.
A hugely comprehensive policy providing landlords with massive peace of mind.
Individual properties and tenancies can be covered and property portfolios can also be wrapped up in to one policy, with one Direct Debit, too.
If the rent stopped tomorrow, how long could you carry your portfolio?
You have probably already run the numbers.
In the real world, we are all acutely aware that notices take time, courts are slow, and possession is no longer something you can rely on happening quickly. Nevertheless, there is a way for landlords to reduce cashflow risks resulting from the Renters Rights Act, and Howard’s team at Assured Protect would welcome the opportunity to discuss it further with you.
Request a callback from Assured Protect
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Member Since January 2011 - Comments: 12208 - Articles: 1403
8:39 AM, 30th March 2026, About 3 weeks ago
I think I over-reacted when I said: “Never again will I be letting another property in the UK”
When risk becomes insurable at a reasonable premium, that changes everything.
Member Since May 2014 - Comments: 620
2:10 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Mark Alexander – Founder of Property118 at 30/03/2026 – 08:39
Could this possibly cover existing tenants?
Member Since June 2013 - Comments: 381 - Articles: 61
2:33 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Stella at 30/03/2026 – 14:10
Hello Stella
Yes!
The caveat however is that existing tenants must have been properly reference checked at the outset and before they occupied the property (ie credit, employer and affordability checks) – and also that since moving in that they have always kept their rent payments up to date.
RGI is an insurance that pays out if a tenant doesn’t pay you, but of course the insurance company is taking on a risk so any known adverse information would potentially exclude that tenant from being covered.
Hope that helps.
Member Since May 2014 - Comments: 620
4:22 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Howard Reuben – mortgage and insurance broker at 30/03/2026 – 14:33
Thank you!
Member Since December 2024 - Comments: 62
4:25 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Mark Alexander – Founder of Property118 at 30/03/2026 – 08:39
No. You were right the first time.
I don’t see this in financial terms, but in political terms. The parties at Westminster are clearly on a vendetta against landlords and Angela Rayner said only the other day that she is encouraging the prime minister to carry on picking fights with them.
That being the case, the Renters’ Rights Act is not going to be the end, but rather the beginning of a prolonged campaign against landlords.
It is therefore time to exit this country.
Member Since January 2011 - Comments: 12208 - Articles: 1403
4:58 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Robin Wilson at 30/03/2026 – 16:25
I’ve been living overseas since Feb 2016
Member Since February 2024 - Comments: 12
5:14 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Howard Reuben – mortgage and insurance broker at 30/03/2026 – 14:33
If the law is established by the government then government has the responsibility of the tenants is this in the clause?
A: The property belongs to landlord then why is government only assisting the tenants?
Member Since December 2025 - Comments: 6
8:22 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Howard Reuben – mortgage and insurance broker at 30/03/2026 – 14:33
I think I will pass on this having worked in the insurance industry in the past is policies generally speaking are not worth the paper they’re written on they use every single excuse going to get out of paying any claim
Member Since January 2011 - Comments: 12208 - Articles: 1403
8:58 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by Michael Rothchild at 30/03/2026 – 20:22
I’ve been using policies like this for years, the referencing has been great and they have paid out when I needed them to. You get what you pay for. I refuse to let go a tenant if I can’t get RGI and have taken that view for over a decade. I thought they would get a lot more expensive or become non-existent as a result of the RRA but I was wrong. Their market share is growing fast.
Member Since June 2013 - Comments: 381 - Articles: 61
11:52 PM, 30th March 2026, About 3 weeks ago
Reply to the comment left by True Owner at 30/03/2026 – 17:14
“…… government has the responsibility of the tenants is this in the clause?”
🙂 I assume your comment is in jest 🙂
We are all aware that we entered the world of BTL as a legitimate commercial enterprise, and albeit we are all subject to legislation in how we conduct our business, it is our obligation to provide our tenants with a safe home, and to provide ourselves with business protection to ensure we run our businesses compliantly and professionally.