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Rent Insurance

For the price of 17 pence per day + IPT you can insure your rent up to £2500 pcm with nil excess and have complete peace of mind that the policy will continue to pay your rent until the tenant has vacated the property and NOT when the tenancy expires.

For further information and to request a quote, please email info@btlexpert.com or call us on 01706 390005

Would you like a Guaranteed Rent Cash flow?

• Have you ever had or are you worried about Rent Arrears?
• Are you worried about potential eviction proceedings and costs?
• Would you like help collecting rent?

If the answer is "Yes" then you will be interested in what we have to offer.

With unemployment rising to 2.68 million* and unpaid rent totalling an estimated £300m in August 2011, up 19.5% from the £251m in the previous month,** there is always the potential for loyal tenants to fall foul and slip in to rent arrears.

With our 'Rent Insurance Products'' you will no longer have these worries. Our Rent Insurance Product guarantees your rent on the day its due even if the tenant fails to pay!

Rent Insurance With Property Management

Here are just some of the highlights we can provide via the Rent Guarantee:

• 6 & 12 Month Rent Guarantees available
• Nil Excess!
• Up to £2,500 rent per month cover
• Up to £25,000 Legal Expenses included in order to obtain vacant possession
• Rent continues to be paid until tenant / ex-tenant vacates property
• Full Tenant Credit Referencing plus our AST
• Deposit Management via TDS
• Free Legal Expenses cover & cost inclusive eviction process
• Available to New & Existing tenancies
• Available for Employed and Student tenants

Rent Insurance only (No Property Management)

What is provided by Rent on Time?

• Rent Collection
• Guaranteed Rent payable until Vacant Possession
• No Claims, No Excess, No Waiting
• Full Tenant Credit Referencing plus our AST
• Deposit Management via TDS
• Free Legal Expenses cover & cost inclusive eviction process
• Available to New & Existing tenancies
• Available for Employed and Student tenants

Choose from one of our Rent Insurance Products:

Rent Insurance Product

Rent Insurance + Property Management

Rent Insurance Only

Rent Guarantee Duration

6 or 12 Months

Management Fee

6% plus VAT (per property) PCM

NOT APPLICABLE

Insurance Premium per property (PCM)

NONE

6% + VAT
Per tenant/tenancy agreement

Set Up Fee

£65 + VAT – 1 to 2 property
£60 + VAT – 3 to 4 property
£50 + VAT – 5 to 6 property
£40 + VAT – 7 to 8 property
£30 + VAT – 8 to 9 property
FREE – 10 or more property

£100 - for new tenant
£0 – for existing tenant

Click here to request more info

Did you know...?

• Unemployment rose to 2.68 million *
• Unpaid rent totalled an estimated £300m across the UK in August 2011, up 19.5% from the £251m unpaid in the previous month. **
• 10.7% of all UK rent was unpaid or late by the end of August 2011 – up from the 9% of rent unpaid or late in July 2011. **
• The number of tenants over two months in arrears increased by 13% in Q2 2011 compared to the same period in 2010 ***
• Association of Residential Letting Agents (ARLA) survey stated some 40% of landlords reporting a rise in tenants having difficulty paying during the previous six months ****
• Only 12% of landlords in the UK currently have legal expenses and rent guarantee insurance *****

"I cannot understand why every landlord is not covered by rental guarantee and legal insurance, and this is particularly important for 'accidental' landlords who are often as much potential victims of the recession as their tenants".

Property Ombudsman's Christopher Hamer
Source: http://www.residentiallandlord.co.uk (28/04/2010)

Sources:
* www.statistics.gov.uk
** LSL Property Services Report (www.landlordtoday.co.uk/news_features - 16th Sept 2011)
*** http://www.mortgagestrategy.co.uk - (28/06/2011)
****http://www.bbc.co.uk/news/business -12165697 (12/01/2011)
***** Source: Paragon Independent Property Investment survey (April 2010)