Articles by Jack Vlasto
Protecting your rental income from the cost of living crisis
NRLA insurance partner Rentguard explain more about the support they can offer for landlords amidst the cost of living crisis.
The increasing risk of underinsurance and how it can affect landlords
Underinsurance may occur when a policyholder’s insurance does not offer the level of protection they expect, potentially exposing them to a financial shortfall when they make a claim . By letting your insurance policy automatically renew every year, without considering a changing economic landscape or your own circumstances, you may not be suitably covered. For this reason, it can be important to regularly review your property insurance policies. NRLA Partner, Rentguard, gives us their advice.
In what scenarios might a landlord need Legal Expenses and Rent Guarantee Insurance?
Tenants can default on rent for many reasons, leaving landlords to cover the costs. This can lead to considerable financial strain and put investments at risk. There are several scenarios where landlords may benefit from Legal Expenses and Rent Guarantee Insurance. NRLA Partner, Rentguard, looks at some of those.
A Winter Property Checklist for your Tenants
With winter around the corner, it's a good time for landlords to prepare for the risks that the colder months can bring. Taking time to draw up a to-do list for yourself and your tenants may help to ensure you have a trouble-free winter. Here are NRLA Partner, Rentguard's tips to help tenants keep your property safe and in good condition.
8 Most Asked Questions about Legal Expenses and Rent Guarantee Insurance
To help explain how such protection can be useful to landlords, NRLA Partner, Rentguard answered eight of the most asked questions they receive about this insurance.
A Guide to Landlord Rent Guarantee Protection insurance
Disputes between landlords and tenants arise for many reasons, including rent arrears, anti-social behaviour, repair claims and deposits. Despite rigorous tenant checks and references, tenants defaulting on rent or breaching the tenancy agreement is always a risk for landlords. NRLA Partner, Rentguard give us some pointers.
Are you up to Date with Landlord Legislation?
The private rental sector has become increasingly regulated over the past few years in a bid to increase housing standards and tenant safety. It is important for landlords to be compliant and adhere to the current regulations or face fines, or even a prison sentence. Legislation is constantly changing. NRLA Partner, Rentguard has provided a guide of the current rules and regulations that landlords must be on top of.
A Landlord's Guide to Deposits and Tenancy Protection
A tenancy deposit, sometimes called a security deposit, is a landlord's insurance against damage, loss of rent or cleaning bills. Landlords must, by law, place their tenants' deposit in a tenancy deposit protection (TDP) scheme within 30 days of receiving it if the property is rented out on an assured shorthold tenancy. Rentguard tells you everything you need to know about deposits and tenancy protection.
How could different types of tenants affect my insurance policy?
There are as many types of tenants as there are rental properties. Who you, as a landlord, chooses to rent to - or the type of tenant your property attracts - depends on many factors including your own preferences, the type of property you are renting and the location of the property.
What will Legal Expenses and Rent Guarantee insurance cover?
As a landlord, tenants defaulting on rent is always a risk - even if you have done all you can as a landlord to mitigate against it by carrying out rigorous tenant checks and references.
