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Bourne Estate Agents - Rent Protection
Rent Protection

Unbeatable Rent & Legal Protection

Securing your rental income through Rent & Legal Protection is something we are very much recommending at present.

While we do not have a high number of rent arrears as a company, if you are one of the few who do have a tenant not pay their rent, this can potentially be financially crippling.

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Landlord Rent Protection

We make every effort to secure good quality, professional tenants.
However, we also appreciate that people can experience unavoidable circumstances, such as ill-health or job losses, which may affect their ability to pay their rent.

Unfortunately, contents and buildings insurance do not normally cover Rent Protection. Buildings insurance is designed to offer protection for flood or fire; they will pay for the rental whilst the property is being reinstated. Whereas our policy is designed to cover tenants defaulting on their rental payments for any reason.

Benefits Of The Protection:

  1. We will deal with the claim directly on your behalf, with no need for your involvement.
  2. Every insurer removed their products during Covid, with the exception of this policy.
  3. The product has no excess on claims made within the first 45 days.
  4. 100% of the monthly rent paid (until vacant possession), there is no cap on the number of months covered.
  5. 90% of rent paid after (vacant possession) for up to six weeks where the property is re-let through us.
  6. Legal expenses cover, including appeals and legal representation, up to £100,000.
  7. Following the issue of a valid Section 13 notice, where not agreed, the policy will cover the difference.
  8. If tenant damage exceeds the deposit held, up to £1,000 of additional damages paid to you.
  9. 90 days of alternative accommodation and storage for a landlord in the event of not being able to move back into their property
  10. First month’s rent covered in the event the tenancy is executed, and no payment is received from the tenant before they obtain keys
  11. Faster payments, with less hassle. It is currently taking 9.2 months on average to regain possession of a property from a defaulting tenant, which could mean a significant loss of rental income and stress.
  12. There are no other products on the market to rival this policy.

 

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Testimonials

No hesitation in recommending
Patrick was so helpful and communicative throughout the whole process. Bourne managed to sell our unusual property where 2 other agents failed and I have no hesitation in recommending them.
5 Star Rating
L. S.
Incredibly helpful
We recently sold our house through Bourne and Patrick was incredibly helpful throughout the whole process. He was understanding and accommodating with arranging viewings as we both worked from home.
5 Star Rating
S. W.
Personal service
Everyone at Bourne has been lovely to work with. They’re professional and responsive, whilst also providing what feels like a very personal service, far removed from some corporate estate agents. The sale of our property went through very smoothly with minimal stress.
5 Star Rating
E. G

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