Legal 4 Landlords
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- No Deposit Guarantee
- Fixed Fee £150
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No Deposit Guarantee
Legal 4 Landlords offer landlords a superb and very popular guarantee changing the way landlords and tenants work together. Our No Deposit Guarantee speeds up the process and means you don't have to waste weeks with a deposit bond scheme.
No Deposit Guarantee. £150.00 buy now
Benefits
- Up to a maximum of £50,000 to negotiate a settlement in respect of a claim we have accepted under the insured incident. This includes any dilapidation payments paid out to the landlord which will not exceed a maximum of the total of one month's rent as declared on the tenancy agreement.
- No need for tenants to pay a deposit
- No need for agents or landlords to subscribe to costly national schemes
- Speeds up tenancy occupation
- Widens prospective tenant base to include those who might not be able to raise a large deposit
- Payment will be processed directly to the landlord within 14 days of a claim being accepted
- Rapid settlement without lengthy arbitration
- Tenant can move on quickly
- Conclusion by email via referencing
- No need for agent or landlord to bear costs of taking a deposit
- Claims over £250 covered
What you need to do:
- You must have a full and detailed inventory of fixtures, fittings and contents within your property including a description of their condition, which has been signed by the tenant at the commencement of the tenancy. This must be updated and renewed at six month intervals.
- The tenant must not be allowed to move in until notification has been received from L4L, or the policy will not be on risk
- You must have a forwarding address for your tenant unless the tenant absconds from the property. We strongly recommend that you include this is in your outgoing inventory
- All payments for this Guarantee must be cleared funds before tenancy commences
- If dilapidations are identified mid-term or upon renewal, the landlord or agent must issue the tenant with a letter confirming that they are responsible for rectifying these within 14 days
- You must visit the property after 14 days to ensure that any dilapidations have been rectified. Relevant notices through to eviction must be served if dilapidations have not been rectified
- All tenants must be fully referenced and approved by L4L
Contact a Legal 4 Landlords eviction specialist today 0844 567 4001
Legal 4 Landlords offers a comprehensive range of legal and insurance services designed exclusively for professional landlords in todays current ecomonic climate. All our legal services are offered on a fixed fee basis.
We have experience in evicting tenants, squatters, tracing them and retrieving unpaid rent across England, Wales and Scotland. We often have tenants moving within 24 hours of our clients instruction.
Browse our No Deposit Guarantee Services
No Deposit Guarantee
Fixed Fee £150
A superb and very popular guarantee changing the way landlords and tenants work together. Our No Deposit Guarantee speeds up the process and means you don't have to waste weeks with a deposit bond scheme
No Deposit Guarantee: What happens next ?
STEP 1
Complete the simple online form and payment
STEP 2
One of our guarantee experts will contact you within 2 hours
STEP 3
You will be emailed/posted a guarantee certificate
STEP 4
You contact us should there be any problems or claim required.
Do I have to use a particular tenant reference service?
Yes, you will have to have a full tenant reference carried out by Legal 4 Landlords It is always recommended that you always use a tenant referencing company but it has to be Legal 4 Landlords to be entitled to this guarantee.
Can I take this guarantee out half way through the tenancy?
No, you have 14 days to take the guarantee from time of reference.
How quickly will I get paid?
All successful claims are paid within 14 working days.
Do I need to obtain a tenant reference for all tenants?
Yes, you must obtain a credit check & relevant references for each and every tenant named in the Tenancy Agreement(s), including marital spouses. Any dispute with an occupant in the property that is not a named tenant and has not passed a tenant reference will not be covered under the guarantee.
How long does the guarantee last?
The guarantee lasts the life of the tenancy, subject to the terms and conditions
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Contact Us
4 Webster Court,
Westbrook Crescent
Gemini Business Park,
Warrington, Cheshire WA5 8WD
England
T : 0844 567 4001
F : 0844 567 4003