fbpx

02920 099780

Letability is proud to be an Introducer Appointed Representative (IAR) for SJL Insurance Services who are authorised and regulated by the Financial Conduct Authority (FCA) under registration number 763599.

Specifically, the Rent Guarantee and Legal Expenses cover that we offer is provided by SJL and further information can be found as follows:

For your information, with the Rent Guarantee and Legal Expenses Insurance, Letability is the Policyholder which means that, in the event of a claim, we manage the full process in conjunction with SJL. It also means that the price you pay is the price we pay – there is no hidden mark-up.

For your information, with the Rent Guarantee and Legal Expenses Insurance, Letability is the Policyholder which means that, in the event of a claim, we manage the full process in conjunction with SJL. It also means that the price you pay is the price we pay – there is no hidden mark-up.

We do this because we firmly believe that it’s a very worthwhile product that gives you peace of mind during each tenancy.

Thankfully, according to SJL, claims against this policy are rare – less than 3% of all policies. But if you are unlucky enough to have a problem, it’s not just the lost rent that is covered. All the legal expenses and everything else necessary to get you property back and ready to rent again is also covered – and you don’t have to lift a finger! So please consider it.

There is also a caveat here that you should be aware of.

If you decide that you want Rent Guarantee and Legal Expenses cover, the policies are for either a 6 or 12 months period. Consequently, if you have a tenant who is on a periodic tenancy and they decide to leave 3 months into a cover period, you will not get a refund for the period not used.

Therefore, our advice would be – especially if you are considering 12 months of cover –  to only take it out if your tenant is in a 6 or 12 months statutory Tenancy Agreement and that Agreement provides for the recovery of reasonable costs in the event of early termination by the tenant.

If you wish to discuss the Rent Guarantee and Legal Expenses cover that we offer, please get in touch with us.

SJL Insurance Services also offer a full range of speciality insurance products directly aimed at landlords*. Their brochures give further details:

If you’d like further information on these specialist products or wish to discuss anything, please click here to contact SJL directly.

* If you take an insurance product directly with SJL – either as a result of an introduction through Letability or as a result of following a link on our website – we may receive a referral fee or a commission.

If you are a Letability landlord, all referral fees or commissions we receive – less any reasonable costs we may incur (if any) – will be passed directly to you unless you tell us otherwise.

If you are not a Letability landlord, all referral fees or commissions we receive – less any reasonable costs we may incur (if any) – will be donated to our charity – Shelter.

If you’d like further information, please take a look at our FAQs or get in touch and we’ll be happy to help. 

This is the Letability Favicon

Cardiff

15 Neptune Court, Vanguard Way

Cardiff, CF24 5PJ

02920 099780

[email protected]