Rent that arrives even when the tenant stops paying.

• —Fixed-term tenancies replaced by rolling periodic contracts
• —Section 21 no-fault notices abolished
• —Landlords required to join an approved ombudsman scheme
• —Registration on a national property portal

Policy summary

• In the event of a claim, rent is paid for an indefinite period until vacant possession is obtained. There is no cap on the number of months, except where the tenant raises a valid defence to the eviction, in which case payments are capped at twelve months.
• The total payment for any one claim is capped at £100,000.
• If the property has been damaged, the policy pays 75% of the monthly rent for up to three months after vacant possession, while it is brought back to a re-lettable state.
• All legal costs associated with eviction are covered up to £100,000: mediation, service of notices, bailiffs, locksmiths and court costs.
• For new tenancies, an acceptable reference is required for every tenant named on the agreement.
• For existing tenancies, cover can start at any point provided the tenant is not currently in arrears, has not been more than fourteen days in arrears in the last ninety, you are not aware of any circumstance that could give rise to a claim, and a detailed inventory is in place.
• There is no no-claims waiting period, so a policy can be added to an existing tenancy and claimed on straight away, subject to the eligibility criteria above.

Terms and conditions apply. All fees are subject to VAT. This page is a summary, not the policy wording — we will send the full document before anything is agreed.