A growing list of rules and regulations means rental and legal protection is more important than ever for landlords.
But why do landlords need rental and legal protection?
As one of Plymouth’s top-performing agents for four years in a row, Lang Town & Country is qualified in the crucial legal components that must be completed to rent out your property.
We know that your rental property is a hugely valuable asset. Without proper rental and legal protection, as a landlord you can be vulnerable to financial losses and legal issues.
Rental and legal protection is a form of insurance. It is an essential tool for landlords, providing a safety net for potential disputes and issues that may arise during the tenancy period.
It covers a range of legal and financial issues, including two of the most important factors when renting out your property: rent loss and legal representation to remove tenants should it come to that.
Our award-winning lettings team has 25 years of expertise and knowledge to ensure you don’t get caught out by silly mistakes or oversights.
We’ve even put together a handy Landlord’s Checklist which features everything you need to know to be compliant with new and existing legislation.
Is your property legally safe to let?
Download our Landlord's Checklist to make sure!
Our FREE Landlord’s Checklist is a comprehensive guide to making sure you don’t get caught out when renting your property.
By downloading, we’ll also sign you up to our free monthly Lettings newsletter – full of useful advice and information about being a successful Landlord.
What is rental and legal protection for landlords?
Rental and legal protection provides coverage for legal costs incurred in cases where disputes between you as the landlord and your tenant arise.
Rental and legal protection also offers protection against non-payment of rent. Also, tenant damage to the property, and theft of the landlord’s property by the tenant.
By having rental and legal protection in place, landlords can protect themselves against financial losses and legal issues, giving them peace of mind during the tenancy period.
It is essential for landlords to understand the benefits of rental and legal protection and to consider investing in such protection to safeguard their interests.
What are the benefits of rental and legal protection for landlords?
One of the main benefits of rental and legal protection is protection against rent arrears.
It is not uncommon for a tenant to fall behind on rent payments or to stop paying altogether, leaving you as the landlord in a financial predicament.
With rental and legal protection, you can protect yourself against such occurrences, providing you with the peace of mind that comes with knowing you will be reimbursed if the tenant fails to pay their rent.
Another significant benefit of rental and legal protection is legal expense coverage. Legal disputes can be costly, and landlords who lack proper legal representation can find themselves facing significant financial losses.
Rental and legal protection can cover the costs of your legal expenses and court fees should a dispute arise with your tenant.
In cases where a tenant refuses to leave a property, legal support can help you through the eviction process with minimal stress and expense.
Why do landlords need rental and legal protection?
Lang Town & Country is a member of ARLA Propertymark. This means the safety of landlords and tenants is of paramount importance.
Rental and legal protection is an essential tool, providing you with the support and protection you need to protect your investment.
We, your letting agent, will liaise directly with the insurance company who after the second month of arrears will pay the full rent to the agent.
They will continue to pay until the tenant is evicted, ensuring that you are not out of pocket.
Find out more about Lang Town & Country
Lang Town & Country Lettings offers four different management services: Tenant Find, Rent Collection, Managed, and Managed +.
If you would like to know more or have any other queries, contact our team on 01752 201010 or via email at enquiries@langtownandcountry.com
We also have a dedicated expert in Hugo Oliveira, who specialises in legal areas that often catch sellers and landlords out.
Hugo is qualified in three crucial legal components that must be completed to rent or sell your home: Energy Performance Certificate (EPC), Legionella Risk Assessment, and PAT Testing.
Meet Hugo and find out more about what we can offer here.
