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Rent guarantee insurance - Is it worth it?

3 replies

Ilikeviognier · 01/05/2022 12:22

Anyone got this and if so can you recommend anyone?

ive got a letting Agent who have robust procedures in place but should I take out a rent guarantee policy anyway? There are some scary articles out there right now about tenants not being able to pay the rent and refusing to leave for months…..

OP posts:
Itsbackagain · 01/05/2022 14:08

Yes very much worth it!

earsup · 02/05/2022 16:13

Oh yes.....aunt in care home so house let to help with fees....we pay about £200 a year....one set of tenants stopped paying so evicted...the ins covered loss of rent and all eviction costs etc....they dont pay the first month rent...will be in the policy and its a tax expense also for the return.

earsup · 02/05/2022 16:14

ps. use Homelet.

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