Rent to Rent Deposit Solution with the big MLCS Discount – see below
The ‘No Deposit Insurance’ by Advanced Rent is the markets leading insurance based deposit alternative, and is underwritten by Inter Hannover. It’s perfect for the Rent 2 Rent strategy as it provides the landlord with 100% security without the need of a cumbersome deposit ever changing hands.
The policy premium is usually paid for by the Rent 2 Rent’er and is taken out in the landlord’s name, giving him complete peace of mind.
As you will not be tying up vast sums of money in traditional deposit schemes, you will be freeing up your capital to pay for classy refurbishments and stylish furniture or to carry on building your Rent 2 Rent Empire!
Advanced Rent REALLY can help you to supercharge your portfolio growth!
|Rent 2 Rent Property||£2000pcm|
|Average standard deposit||£3000|
|Advanced Rent NDI||£556.72|
|Therefore an upfront capitol saving||£2463.28!|
Multiply this by say 10 properties, and you can see how powerful Advanced Rent is and how it will Turbo-charge your cashflow.
The claims procedure is simple, all applications are swiftly handled by our UK based adjudicators and successful claims are paid within 14 days.
Signing up is also simple, just send us the details of your property/landlord and/or tenants. We are always happy to discuss directly with your landlord or letting agent the benefits and finer details of NDI.
This bespoke product has been created specifically for the Rent 2 Rent market and means huge savings, as the ongoing annual premium would be the equivalent of just 10% of the monthly rent, but still has the full cover and benefits for the landlord.
It can be accelerate the growth of your portfolio, by reducing the initial outlay. It’s a professional approach to Rent 2 Rent for landlords and agents alike.
You have the option to give your landlords added security by having a packaged off-the-shelf insurance product to cover unpaid rent, recovery of rent arrears and eviction costs, with the added benefit of home emergency cover.
Give your landlords added security by having an off the shelf insurance product to cover unpaid rent, recovery of rent arrears and eviction costs with the added benefit of home emergency cover.
- Legal expenses cover up to £50,000.
- Full recovery of rent arrears.
- Rent paid during the eviction process.
- 75% of monthly rent paid, 2 months after vacant possession.
- 24/7 legal and tax advice line for the landlord.
- 24/7 Emergency call out number for tenants.
- Covers main heating system, plumbing and drains, power, toilet, security and lost keys.
- Each incident covered up to £500 (including parts, labour and call out costs).
- 5 incidents per property every 12 months.
- Service and claims management by the Centrica Group.
Signing up is simple and easy. All you need to do is to pass us the details of the property, incumbent or the potential tenant. Next fill in the form, we process the application and then the policy is issued.
Combining the No Deposit Insurance + the Rent Guaranteed Premium PLUS, will be an irresistible deal for the landlord and is the ultimate way to ensure a professional, financial solution to your growing Rent 2 Rent portfolio.
All of Advanced Rent’s industry leading online products include free tenant referencing.
The Multi-Let Cashflow System BIG Discount Club!
The usual cost of No Deposit Insurance is 25.3% of the monthly rent.
This is actually a brilliant deal already, and if you contact Advanced Rent though this link, you will also benefit from a further 10 % discount on this price . . . just because we like to look after you!
For the Rent Guaranteed Premium Plus product, with a normal price of £169.99, we have negotiated a further 5% Discount.
When you call Advanced Rent, make sure and ask for the MLCS discounts as this will save you £££’s over the years! Also to ensure you get your discount, drop us an email so we have a record and can confirm you booked via us.