Rent guarantee scheme

Aberdein Considine now offers a major new service for our fully managed landlords – Rent Guarantee and Legal Expenses insurance.

What is it?

If the tenant fails to pay the rent the policy will:

• Pay the landlord the rent every month for 12 months or until the tenant leaves the property (vacant possession) – whichever happens first
• Cover legal expenses up to £50,000 if their tenants don’t leave the property
• Pay the costs to pursue a tenant for the cost of any repairs and damage the tenant has done.
• Pay 50% of the rent value for up to 3 months after the tenant is evicted if the property is found to be damaged and needs to be refurbished.

How does it work?

We are working in partnership with our referencing partner Van Mildert to deliver this service and it will be available for all new tenancies where the tenant has passed their reference checks.

How much does it cost?

The cost for this is service is only £25 + vat per month for each tenancy (that’s less than £6 per week). A small price to pay for the peace of mind that landlords will always receive their rent and that any legal costs will also be paid.

Get in touch

If you are a landlord and are interested in finding out more about the service and what Aberdein Considine can offer you then fill out the contact form below and a member of our team will be in touch with you shortly.