Rent recovery & legal protection

Regardless of the service level you opt for, Property STOP will ensure your tenants are referenced to ensure they are suitably matched to your property. The extensive reference checks will check the tenant’s credit worthiness, employment status, rent affordability and if applicable take up references from their current agent or landlord.

Our fully managed clients will further benefit from a ‘Rent recovery & legal protection’ product giving you added protection against non-payment of rent and associated legal costs in obtaining a possession order. Brief details of the policy are below:

• Eviction of the tenants for non-payment of rent
• Eviction of unauthorised occupants
• Eviction of tenants following an expired section 21 notice
• Eviction of tenants following a claim for possession in accordance with section 2 of the Housing Act 1996
• Legal expenses limit of up to £50,000
• Up to a maximum of 12 month’s rent payments from the date of first arrears
• Can also pay 2 months at 50% of the rent payable once vacant possession has been obtained and the property is being re-advertised