Rent Recovery Plus & Legal Protection
For Landlords who wish to protect their rental income we can purchase a Rent Recovery Plus product via HomeLet and note you as having an “interest in “ this policy. Having an interest in this policy means that you may be able to benefit should a successful claim be made.
Brief details of the product are below:
• Eviction of Tenants for non-payment of rent
• Eviction of unauthorised occupants
• Eviction of tenants following an expired section 21 notice
• Eviction of a tenant following a claim for possession in accordance with section 2 of The Housing Act 1996
• Legal Expenses limit of up to £50,000
• Up to a maximum of 5 month’s rent payments from the date of the first arrears
• Can also pay 2 months at 50% of the rent payable once vacant possession has been obtained and the property is being re-advertised