Rent Guarantee schemes have never made more sense

RentID

Rent Guarantee schemes have never made more sense

By RentiD Admin

Rent Guarantee schemes have never made more sense

Whist we are still awaiting the results of the government’s consultation on Section 21 of the Housing Act 1988, it’s almost certain that ‘no fault evictions’ will be consigned to history by the end of 2020 / the start of 2021.
What remains to be seen is what measures will be put in place to strengthen the Section 8 eviction process to allow landlords to deal fairly with problematic tenants.

In the meantime, I think there has never been a better time to think about ways of mitigating risk by more diligently referencing prospective tenants and building strong relationships with them.

Another way for landlords to protect themselves is by taking advantage of one of the new wave of rent guarantee products on the market.

At RentiD, our Rent On Time Guaranteed service will pay your rent on the agreed date in the month – every month irrespective of whether the tenant has paid. No more waiting for the rent that is due to you, like other older rent guarantee products. In the event of there being legal fees relating to rent at the end of the tenancy, we will cover those too.

If rent guarantee schemes have never made more sense, RentiD with Rent On Time Guaranteed has got to be worth considering.

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