Rental Property Incomes volatile? When your tenants can’t pay/won’t pay Lifestyle Sales and Lettings has your back!
3rd November 2022
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Commercial Landlords experience enough problems that can affect their Return on Investment (ROI) and that means the ‘bottom line’! Present conditions causing an impact on property owners are the economic crisis both at home and internationally and are out of our control. The international picture is more complex thanks to the security crisis, and domestically due political shenanigans making matters worse.

Property owners who rent need to be quick to protect their investment and of course their earnings. It is important that Commercial Landlords, large and small, take appropriate steps to limit any damage caused by their customers who in difficult times for themselves may stop paying and default on their tenancy agreements. Insuring your business against domestic level ‘hits’ on revenue is highly cost-effective and makes excellent sense!

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The Lifestyle Sales and Lettings Rent Guarantee scheme is tailor-made to protect landlords from catching a cold due to the behaviour of their tenants.

Rental Guarantee by Lifestyle Sales and Lettings offers you:

  • Peace of Mind,
  • Cover for the whole months rent no matter how many tenants are on the tenancy agreement,
  • Missed rental payments until vacant possession of the property or for up to 15 months, whichever comes first,
  • Up to 3 months rental payments @75% following vacant possession (where applicable),
  • Legal expenses up to £100,000 to cover eviction costs if the tenant is in breach of the tenancy agreement,
  • Covers breaches of the tenancy agreement by the tenant and includes non-payment of rent and expired section 21 notices,
  • Cover should a tenant defend the action, meaning Lifestyle Sales and Lettings will pay the client until the challenge has resolved,
  • 12 months of cover,
  • Rent Recovery Plus covers the whole property meaning the policy continues even when /if the tenants change,
  • No Policy Excess – your rental payments are covered straight away.
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Lifestyle Sales and Lettings of Bury is fiercely Independent, a long-time highly respected member of The Best of Bury, with more than 6 years membership of the home of the most respected businesses in the region! The Lifestyle Sales and Lettings team pride themselves on being the landlords friend in offering a professional service level backed by products that will guarantee your peace of mind!

Lifestyle Sales and Lettings is ready to provide you with your Rental Guarantee!

Call today - click here

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About the Author

Faz Patel

Member since: 10th July 2012

Need a trusted local supplier of goods or services? Look no further! I'm Faz Patel and It's my mission to support local business owners, provide great opportunities for increased visibility and help them...

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