Rent Guarantee will protect you in the event that your tenant fails to pay the rent.
Most Landlords do their best to ensure that they let their properties to the best possible tenants – however due to unforeseen circumstances events happen beyond our control.
If a tenant falls behind on their rental payments, it could have serious financial implications for you, especially if you have mortgage commitments on your property.
Evicting a tenant in this day and age, from start to finish, can be in excess of £2,000.
At Innovate, we offer a product which covers our landlords for rent should a tenant fall into arrears. Should we also need to evict the tenant for any breach of tenancy, we shall also cover your eviction costs up to £25,000. You’ll also have access to our specialist in-house legal team.
"I approached Innovate to manage my property which I initially managed myself. My tenant was a nightmare, never paying rent on time and causing me great grief. Innovate swiftly took over the property, issued the relevant sections, approached the tenants guarantor and eventually evicted the tenant efficiently. I now use them to manage my property full time and I am happy I found them."