Why Rent & Legal Insurance Is Essential in Our Fully Managed Lettings Service
Letting a property can be a rewarding investment, but it also comes with risks. Even with careful tenant selection, unexpected issues such as rent arrears or legal disputes can arise. That’s why rent & legal insurance is a vital part of our fully managed lettings service, offering landlords peace of mind and robust financial protection.
Why Rent & Legal Insurance Is Essential in Our Fully Managed Lettings Service
Letting a property can be a rewarding investment, but it also comes with risks. Even with careful tenant selection, unexpected issues such as rent arrears or legal disputes can arise. That’s why rent & legal insurance is a vital part of our fully managed lettings service, offering landlords peace of mind and robust financial protection.
Rent & legal insurance protects your rental income if a tenant fails to pay their rent, covering lost payments (subject to policy terms) so that your cash flow isn’t impacted while we manage the situation on your behalf. Equally important is the legal protection element, should you need to take possession of your property, resolve disputes over deposits, or deal with other tenancy issues, legal costs can escalate quickly. With the right insurance in place, you won’t be left to shoulder these costs alone.
The rental landscape in England is also changing. New tenancy law reforms under the Renters’ Rights Act will begin on 1 May 2026, bringing the biggest overhaul of rental law in decades. From that date, no-fault “Section 21” evictions will be abolished, meaning landlords must rely on specific legal grounds to regain possession, and other rules around rent increases, tenancy types, and tenant protections will change too.
These reforms create both opportunities and challenges. While they aim to make renting fairer and more secure for tenants, they also mean landlords must navigate more complex legal requirements and may face longer processes if issues arise. That’s where rent & legal insurance becomes even more valuable, it provides a safety net in an evolving regulatory environment, helping to protect your investment and support compliance with new legal obligations.
When combined with our fully managed service, from marketing and tenant vetting to rent collection and day-to-day property management, rent & legal insurance offers a complete, hands-off solution. You get peace of mind knowing your income is protected and that expert support is available if legal action becomes necessary.
For landlords looking to protect their investment and enjoy a smoother letting experience, rent & legal insurance isn’t just an added extra, it’s an essential part of responsible property management.
If you're looking to take out rent & legal protection insurance, please do not hesitate to get in touch.
lettings@allen-residential.co.uk
01749 672 678
