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Posted by Let Alliance on May 10, 2017
Our nil excess Rent Guarantee and Legal Service for letting agents is designed to provide cover when the worst happens; a tenant defaults on rent and/or breaches the tenancy agreement.
Make Your Tenancy Agreement Watertight
The tenancy agreement at the start of the letting process is essential if a letting agent needs to make a claim. Here are the key points for making sure your tenancy agreement is fit for purpose for your Rent Guarantee protection. Some of this may seem obvious but can be the difference between a claim being delayed or at worst declined.
When completing your tenancy agreements remember they are legal documents that, if you need to make a claim on your Rent Guarantee, will be subject to scrutiny by the court.
Making a Rent Guarantee Claim
You need to make a claim when you deem the tenant to be materially in arrears and you have performed your debt recovery process. You have 31 days from the point of first arrears to make a claim. If you’re in any doubt, please give us a call.
Make your claim online using our Vision system. Our claims team will work with you and our specialist solicitor partners to take the claim forward, including attempting to recover the debt from the tenant.
If you have any questions, please contact our claims team on 01244 421322.
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