RentGuarantor
RentGuarantor.com in Partnership with NRLA
Proud Recognised Suppliers of the NRLA
The NRLA has partnered with RentGuarantor.com. The mission of RentGuarantor is to create secure tenancies for tenants and landlords; every tenant deserves their dream rental home, and every landlord deserves to protect their investment.
Key Benefits for Landlords:
- Guarantee of unpaid rent if the tenant fails to pay
- We are backed by Lloyds of London insurers
- We manage and pay for the eviction of defaulting tenants
- No additional cost to the landlord
- Peace of mind knowing that your tenant's rent is fully covered if the worst comes to the worst
- Founded and led by an active landlord - you can be sure we're in tune with your needs
What is RentGuarantor.com?
We are a company that acts as a rent guarantor for tenants. This is instead of the tenant asking a family member or other individual to take on any potential heavy financial burden. There are no such awkward conversations or pushbacks with us.
How does a tenant apply for the RentGuarantor product?
Tenants apply via www.RentGuarantor.com and follow a simple process that involves proving income. If all documents are submitted quickly, we turn around applications within 24 hours.
What is the typical cost for a tenant?
Applying is free. Typically, the final cost for the tenant is around 90% of a single month's rent. THE LANDLORD PAYS NOTHING. There are options available for the tenant to pay this fee upfront or in installments via our partners Payl8r and PayPal (subject to acceptance).
What does the rent guarantee cover?
We guarantee a tenant's rent for a 12-month period. If tenants are unable to pay their rent, we will pay the landlord in line with our T&Cs before coming to an arrangement with the tenant to repay any payment we have made on their behalf.
Articles
The complete guide to rent guarantors for landlords
As a member of the National Residential Landlord Association (NRLA), you understand the importance of safeguarding your investments. One of the most effective ways to protect your rental income and reduce the risks associated with letting property is by utilising a rent guarantor. NRLA recognised supplier, RentGuarantor outlines this comprehensive guide.
Top Tips for Landlords During the Cost-of-Living Crisis
NRLA partner Rent Guarantor on how to support tenants and help yourself during the cost of living crisis.
To Guarantor or Not Guarantor: That is the Question
A few regular comments and queries regularly crop up when NRLA partners RentGuarantor.com speak to landlords whose tenants using their rent guarantor service. In this blog post, the team at RentGuarantor.com outline three of their most popular landlord question areas.