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How the boardroom secrets can stop your rent being paid
Posted by Ed on 4 October 2017
With so many uncertainties in the business world and where companies who appear to be doing well actually beneath the blanket of the boardroom are struggling to stay afloat and the CEOs and CFOs are planning their exit strategies and leaving their employees wonderless in a false comfort of employment. Expecting their salary to be paid at the end of every month then only to find out that they are now redundant! Their holiday is in jeopardy of being cancelled, the car may be repossessed and your rent stops getting paid!

So what can you do as a landlord to ensure that this problem doesn’t become your problem and potentially put you in a position that you can’t pay your mortgage either? Haus Liverpool offer rental guarantee and that may seem to some like a “too good to be true” situation but the insurance policies have been around a while and many landlords are aware of them but actually don’t know much about them and feel the letting agents are just trying to pitch them an additional service and squeeze more money out of their already overspent pockets. In fact that isn’t true, as a lettings valuer myself I have always tried to make landlords realise how lucky they are to be able to guarantee their income…what industry can guarantee their income??

When the applicant is being referenced with Haus Liverpool, we put them through a series of checks with our referencing partner to not only check their credit score, but also their affordability, background and right of residency. The checks are deemed to be the best on the market and so much so they are prepared to offer an insurance product to rent guarantee the applicants that pass and meet the criteria for the FULL AMOUNT with a NIL EXCESS option. Haus will never pass a tenant who doesn’t meet this criteria as minimum now so this is the benchmark of our quality of service.

The policy can be paid for a 6 month or 12 month tenancy and covers you for rents up to £2,500 per month and is payable until vacant possession upto to a total value of £50,000. If guaranteeing your income for the next tenants you have in your property seems like the smart thing to do then call Peter today at Haus Liverpool on (0151) 559 1111 to discuss further.
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