Let’s face it... being a landlord in 2025 isn’t quite what it used to be. With the Renters’ Rights Bill just around the corner, change is in the air.
While some of it promises positive progress for tenants and the rental sector as a whole, we know it’s also raising a few eyebrows among landlords (and rightly so).
That’s exactly why we’re thrilled to introduce a new layer of protection for our landlords: Rent Protection Insurance (RPI) as part of our fully managed service.
What Is Rent Protection Insurance and Why Should You Care
Rent Protection Insurance is your financial safety net. Simply put, if a tenant falls into arrears, you’re still paid. No awkward chasing, no sleepless nights, and no dent in your income.
So, Is Rent Protection Worth It?
For landlords, steady rental income is the backbone of a successful property investment. But when tenants fall behind on rent or stop paying altogether, that income can disappear quickly, leaving landlords to cover mortgages and other costs out of pocket.
Rent Protection Insurance is designed to help with this risk:
1. Covers Missed Rent Payments
The most obvious benefit is that the insurance can cover lost rent if a tenant defaults. Most policies pay out after a set period (typically one month) and can cover up to a year of missed payments. This can provide peace of mind, especially for landlords with large mortgages or limited cash reserves.
2. Legal Expenses Included
Many policies also cover legal costs associated with regaining possession of a property. If you need to evict a tenant, those costs can mount quickly—especially if the case drags on or goes to court. With insurance, these expenses are usually included, potentially saving you thousands.
3. Reduces Financial Stress
Rent arrears can lead to serious financial pressure, especially for landlords who rely on rental income to pay their own bills. Rent protection insurance provides a safety net, which can make a big difference in uncertain times or during economic downturns.
4. Supports Professional Landlord Standards
Using rent protection insurance may encourage landlords to apply stricter vetting procedures when accepting tenants, which helps maintain better standards across the rental market.
Our Rent Protection Insurance
Our RPI covers 100% of the monthly rent until vacant possession, one of the only products on the market to do so. It also handles legal cover, including eviction proceedings if necessary (though we always hope it doesn’t come to that!).
In a landscape that’s about to shift under the Renters’ Rights Bill, with no-fault evictions (Section 21) being abolished, and more emphasis placed on tenant rights - it’s never been more important to protect your income.
Why This Matters More Than Ever
From 2025, landlords will need to demonstrate a solid legal basis to regain possession of their property. That’s a good thing in many ways but it does mean the process could become more complex and potentially slower, especially if things go south.
RPI is designed to buffer you from those bumps in the road, ensuring that your rental income doesn’t suddenly disappear if a tenant stops paying rent while proceedings are ongoing. And the best part?
If you use our property management service, you’ll get access to this protection automatically - because your peace of mind is part of our job description. (Please note, there is an additional cost for this product)
So, Why Go It Alone?
Managing a property can be rewarding, but it’s also a juggling act. With compliance tightening, legal changes looming, and the unpredictability of human nature (we’ve all got tenant stories, right?), having a solid, experienced team behind you makes all the difference.
By choosing our management service, you're not only outsourcing the day-to-day admin, tenant communication, and compliance work - you also have the option of securing your income and sanity with RPI.
Let Us Take It From Here
We know you didn't become a landlord to worry about legislation changes and rent arrears. You became a landlord to build financial security, grow your portfolio, and maybe even enjoy some of that passive income everyone talks about.
With our fully managed service and RPI service built in if you want it, you’ll be ready for whatever 2025 throws your way.
Get in touch with us today to find out how we can support your rental journey - with protection, professionalism, and a little peace of mind.
Maddie Lancaster is an ARLA qualified letting agent with over 10 years of experience in the UK rental market. Rent East Yorkshire specialises in property management services for landlords across the East Riding of Yorkshire.
Disclaimer: This information is provided for guidance only and does not constitute legal advice. Specific legal advice should be sought for particular circumstances.
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