Landlord Legal Expenses - The Small Print

Depending on the type of claim we will require the following we will require the following information:

 A copy of the Tenancy Agreement;

 A copy of the Guarantor Agreement (if applicable);

 A copy of the Tenant Reference(s);

 An up to date Rent Schedule;

 Copies of any notices and correspondence which has been exchanged;

 Confirmation that any deposit taken has been properly protected in accordance with the relevant

legislation;

 A copy of the inventory of contents and conditions of the property;

 Proof of buildings and/or contents insurance covering the standard range of perils which is in force on the property.

We have our own solicitors to act on your behlaf. Howerver, if required you can use your own.

IMPORTANT

Please do not appoint your own representative before we have accepted your claim. If you do so, we will not be liable for any costs incurred before we have agreed to them, even if we subsequently accept your claim.

The amount specified in the policy schedule you must pay in respect of legal expenses in respect of any one claim before the insurer shall be liable to make any payment, being:

 Legal expenses - nil

 Eviction - nil

 Rent Recovery - nil where you have obtained a positive personal reference in respect of the tenant and the tenant has passed a credit reference

check; or

 Rent Recovery - £200 where you did not obtain a positive personal

reference in respect of the tenant or the tenant did not pass a credit reference check

The following checks must be carried out before the commencement of the tenancy agreement and the relevant information provided to the landlord:

a) A satisfactory credit check obtained from a licensed credit referencing company on the tenant(s) which shows no County Court Judgements in the immediate preceding three years, including no outstanding County Court Judgements, and that the tenant(s) are not undischarged bankrupts, and;

b) Copies of two forms of identification, one of which must be photographic, and;

c) i) A written employer’s reference confirming that the tenant is in current and permanent employment and that their income is sufficient to pay the rent after the deduction of normal living costs or is at least two and half times the monthly

rent; or

ii) Where the tenant is self-employed, confirmation from their accountant confirming that the tenants income is sufficient to pay the rent after the

deduction of normal living costs or is at least two and half times the monthly rent;

or

iii) If the tenant(s) are student or on benefits a credit reference provided by a tenant reference company shows a pass rating for the tenant(s).

If the tenant has been in tenancy for at least 12 months prior to the inception date of this policy with no record of previous arrears or disputes involving a let property the need for the above checks to be made can be waived. The tenant must still be able to prove that their income is sufficient to pay the rent after deduction of normal living

costs.

If a guarantor is being used, the following additional information will be required:

a) a satisfactory credit check obtained from a licenced credit referencing company on the guarantor, showing no County Court Judgements in the immediate preceding three years, including no outstanding County Court Judgements and

that the guarantor is not an undischarged bankrupt:

b) A written employer’s reference confirming that the guarantor is in current and permanent employment and that their income is sufficient to pay the rent after the deduction of their normal living costs or is at least two and a half times the

monthly rent;

c) Where the guarantor is self-employed, confirmation from their accountant confirming that the guarantors income is sufficient to pay the rent after the deduction of normal living costs or is at least two and half times the monthly rent;

or

d) If the guarantor is retired, evidence that their income from pension(s) after

deduction of normal living costs is at least two and a half time the monthly rent

or that they have consistent savings in an account for at least six months of at

least three times the monthly rent.

1. Any dispute:

i. arising during the first 90 days of the first period of insurance, if the tenancy agreement commenced efore the inception date of this policy; or

ii. arising during the first 90 days of the first period of insurance, unless it can be evidenced that you

previously held comparable legal expenses cover with another insurer immediately prior to inception of this policy;

You must make a claim within 45 days of the event