What if the tenant doesn pay the rent?
A. You will expect to receive the rent from your tenant on time every month. Unfortunately sometimes tenants for one reason or another may not pay their rent. This is why we can offer you the peace of mind of Rent Guarantee. We recommend all Landlords to take advantage of this service, call the office on 020 8487 3535 to discuss this option. A brief outline, it is an insurance policy that pays out if the tenants go into arrears. A copy of the policy will be sent to you once the tenants have moved in. It is rare we make claims as the majority of our tenants pay the rent on time, but it is good to have the safety net of the rent guarantee just in the event there is a problem. The policy also includes legal costs. If a tenant persistently does not pay the rent then steps will be taken to have them evicted from the property at no extra cost to you. We can go into further detail with you should you wish. Evictions are a very complex area of Letting Law and thankfully do not happen very ofte