Increased rent arrears and evictions!

Filed in Landlords by on 3rd February, 2017 0 Comments

Alan Boswell Group - Landlord InsureanceWe have been contacted by a number of landlords who are experiencing tenant rent arrears that has led to the eviction of their tenants.

If you do not have legal expenses cover and rent protection insurance, this can be an expensive exercise.

ALL Wessex are sponsored by Alan Boswell Group who provide a number of insurance products, I have introduced their award winning Landlord Building and Contents Insurance previously.

To reduce the financial impact of eviction and rent arrears and assuming you already have Alan Boswell’s Landlord Building and Contents Insurance, you can add Legal Expenses cover for an additional £30 and for Legal Expenses & Rent Protection combined an additional £60 (per tenancy of £100 for a multiple tenancy). See brochure: Legal Expenses and Rent Guarantee Brochure.

What makes the Rent Protection cover attractive is that is is per property rather than per tenant!

If tenants change, the same cover applies for the 12 months.

The policy covers employed, student and DSS tenants (terms & conditions apply).

If you would like more information on these policies, please ring 01603 216399. Please don’t forget to mention ALL Wessex as your introducer, so that we can all appreciate commissions due – thanks.

About the Author ()

Rob Crawford is the chairman of the Association of Local Landlords (Wessex). Rob is a practicing landlord with a property portfolio that includes small private residential properties and HMO's. Rob is a qualified letting agent and former owner of Kingfisher Lettings & Management. He is now a share holder of the successful online lettings company Lettingsupermarket.com.

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