Please find below a basic bullet point list of benefits associated with the
Refrents UK Ltd, Tenant Default and Legal Expenses cover.
- Indemnity for any rent owed by the tenant up until 12 monthly payments, £10,000 or vacant possession. Whichever is the sooner
- Covers rents up to £2,500 pcm
- £25,000 legal expenses for eviction of the tenant following non payment of rent
- Legal expenses for eviction after the expiry of an Assured Shorthold Tenancy
- Legal expenses for eviction of any person in the premises who has not got your permission to be there
- Legal expenses against contactors instructed by you for repair and maintenance on the propert
- Cover to represent you in any enquiries made by the Inland Revenue
- Cover to represent you in any enquiries made by Customs and Excise regarding VAT
- Expenses and loss of earnings for court appearances regarding possession orders
As you can see the cover under this policy is extremely comprehensive and unlike any other ‘Rent Guarantee’ product on the market.
There is also the added piece of mind that this product is underwritten by Abbey Insurance.
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