When it comes to protecting your investment, comprehensive and rigorous coverage can help you get your property back without incurring huge legal costs. Best of all, you continue to benefit from rental payments until vacant possession, meaning no loss of income to you as a landlord.
Through Goodlord’s partnership with your letting agent, the award-winning experts in property protection are here to support you with an exclusive Rent Protection and Legal Expenses Service that you can’t get anywhere else on the market.
Protection if the tenant doesn’t pay their rent until vacant possession is achieved.
We’ll pursue tenants on your behalf to recover outstanding rent from them.
Eviction of tenants or squatters
Tenants who can’t meet the requirements of their tenancy agreement or squatters who are living in your landlord’s property without their consent will be evicted - and we’ll manage the legal proceedings.
Legal cover to pursue tenants for damage to the property of over £1,000.
£100,000 LIMIT OF INDEMNITY
The total amount payable in the event of a claim.
Cost and expenses for a dispute with a party whom you have a direct contractual relationship with.
Alternative accommodation and storage costs
If your landlord needs to move back into the property once vacant possession has been gained, we will pay for their alternative accommodation and storage costs for up to 30 days.
Terms and conditions apply, always read the policy wording
We’ll cover the eviction for rent arrears, serving the Section 8 notice, arranging a legal advocate, paying court costs and organising a bailiff. We’ll also evict for some other serious breaches. The main ones include subletting, illegal activity, unauthorised occupants and failure to vacate after a Section 21 notice - the case must have a 51% (or higher) chance of success in court, as determined by DAS Law.
This provides legal expenses and support where the tenant leaves with over £1,000 of damage in the property. Your deposit is used and then any damages over and above that amount will be chased through the money judgement process. Please be aware we need to be able to trace the tenant for you to benefit from this.