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.
Protect your investment for just £29.90* per month. FIRST MONTH FREE! For new managed and rent collect landlords.
RENT PROTECTION & RECOVERY
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 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’ll continue to pay 75% of the rent until the property is re-let through John Shepherd Lettings for a maximum of two months. We’ll also cover the costs and expenses of recovering rent from a tenant or extenant, if the rent has been overdue for at least one month.
LEGAL EXPENSE COVER
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.
Standalone Legal Expense Cover
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.Read More