There are 6 types of legal expenses products available in this category, 4 of which offer rent guarantee insurance, as follows:

Legal Expenses Insurance

This is a comprehensive Legal Expenses product that will cover the landlord’s costs of any disputes between themselves and their tenant(s). This is a 12 month policy and costs just £39.00 per annum.

Legal Expenses & Rent Guarantee (6 Months)

Comprehensive Legal Expenses and Rent Guarantee product covering the landlords costs for disputes between themselves and their tenant(s), with rent guarantee insurance up to a maximum of £2,500 per month. This is a 6 month policy and costs just £53.00.

Legal Expenses & Rent Guarantee (12 Months)

Comprehensive Legal expenses and Rent Guarantee product covering the landlords costs for disputes between themselves and their tenants, with rent guarantee insurance up to a maximum of £2,500 per month. This is a 12 month policy and costs just £99.00 per annum.

Legal Expenses & Rent Guarantee – No Excess (6 Months)

Comprehensive Legal Expenses and Rent Guarantee product covering the landlords costs for disputes between themselves and their tenant(s), with rent guarantee insurance up to a maximum of £2,500 per month. This is a 6 month policy which carries no excess and costs just £69.00.

Legal Expenses & Rent Guarantee – No Excess (12 Months)

Comprehensive Legal expenses and Rent Guarantee product covering the landlords costs for disputes between themselves and their tenants, with rent guarantee insurance up to a maximum of £2,500 per month. This is a 12 month policy which carries no excess and costs just £124.99 per annum.

Legal Expenses – Property Disputes  - No Excess (12 Months)

A legal Expenses insurance product that also includes land and property disputes cover. This policy will pay for the costs of disputes the property owner may face which relate to: advisor’s costs for evicting trespassers; property boundary issues; defence of prosecution relating to the insured property for Gas and Safety, Furniture and Furnishings and Electrical Equipment Regulations and Identity Fraud. The policy is available for 12 months and costs £15.00 and is available as part of the Buildings Insurance; quote & buy online

Tenant Referencing

It is a requirement of this insurance that the policy holder carries out references before the tenants move into the property. In the event of a claim, the responsibility lies with the insured to present the referencing documents.

All types of tenants have to be fully referenced either by Rentguard or a Referencing company approved by Rentguard – these include DSS, students, self employed lets and the like.

However, for full time employed working tenants a 4 point check will suffice* (please note that the details have to be valid from the start of the tenancy agreement.)

The 4 point check is:

• Identification from the tenant, containing a clear verified photograph
• Either a utility bill or a bank statement
• Credit check; clear of CCJ’s, bankruptcies & indicating confirmation of residency
• Confirmation of employment – a written employers’ reference on company letter headed paper confirming the tenant’s permanent and current employment and that their salary is at least a multiple of 2.5 of the tenant’s rent (the documents should be no more than one month old from the start of the tenancy)

*Please note that if the 4-point check is applied & is in place, there will be no need to do a full profile – though in the event of a claim, the responsibility lies with the insured to produce the appropriate documents.

Please note that when a working person does not meet the above requirements or after working out their ratio of income against the rental requirement it proves insufficient: then a full profile reference has to be carried out. This reference can only be carried out either by Rentguard Tenant Referencing or one of our appointed referencing companies (please contact us direct for the list).

If you require further information or advice about tenant referencing, please contact customer services on 0208 587 1060 or contact Rentguard Tenant Referencing.