Rent Protection is cover designed to safeguard landlords against financial losses caused by tenants who don’t pay rent.It acts as a safety net in case your tenants fall on hard times and are unable to meet their rental obligations.If your tenant stops paying rent, Rent Protection kicks in and covers the missed payments, up to £3500 per month and for a set period (until you obtain vacant possession of the property or for up to 15 months, whichever comes first). This helps you cover your mortgage and other property-related expenses while you go through the eviction process.Legalfees associated with evicting a tenant who has defaulted on rent are also protected upto £100,000. This can be a significant cost, so having such protection in place is a huge benefit to InStyle Property landlords. While not mandatory, Rent Protection is highly recommended for landlords who depend on their rental income. Even carefully vetted tenants can face unexpected financial difficulties, leaving you with a huge financial gap. Rent Protection with InStyle Property provides ultimate peace of mind.

With both Rent on Time and Rent Protection from InStyle Property, if your tenants don’t pay the rent, you still get paid the rent in full. Protection from InStyle Property covers every penny of rent arrears during the 12-monthperiod, until you obtain vacant possession of the property or for up to 15 months, whichever comes first. With InStyle Property, 100% of the monthly rent amount is protected, there is no minimum arrears amount required before payment. There is no excess for landlords to pay and rental payments are protected straight away.Where a tenant is not paying the rent in full, professional costs incurred in regaining possession of the property are included completely free of charge and up to a massive maximum amount of £100,000. Costs covered include serving notice(s), court fees, court attendance by a legal representative and even costs for bailiffs to attend the property if required.Where vacant possession is obtained following a Court hearing in relation to Rent Protection, landlords are paid 75% of the monthly rent for up to 3 months whilst the property is vacant and whilst we search for a new tenant. Rent Protection from InStyle Property can remain in force even if your tenants change during the 12-month period and InStyle Property will protect your rent on almost all property rental values, up to £3500 per month rent. Higher rental values can be considered upon request.With InStyle Property, landlords can let their property without the fear of rent arrears or expensive legal costs to evict non-paying tenants. 

Absolutely. Where we find you a new tenant at the start of our agency, 12 months’ Rent Protection is included completely free of charge for InStyle Property landlords. No set up fee is charged for implementing the initial 12 months’ Rent Protection. Prior to expiry of the initial 12 months’ Rent Protection period, we will contact you to discuss renewal options. Where you currently have a tenant in situ at the property, it is still possible for us to provide and implement Rent Protection (additional fees may be charged). Contact us to discuss Rent Protection options for mid-tenancy cover. 

While other agents might just connect you with an insurer for similar coverage, our rent and legal expense protection offers numerous advantages. Firstly, InStyle Property include 12 months’ rent protection completely free of charge with our management service whilst other agents will charge you hundreds of pounds per year for similar cover. We handle the entire process in-house, ensuring adherence to a strict late-rent procedure that maximizes your coverage benefits.