For landlords, one of the biggest worries is what happens if a tenant can’t or doesn’t pay their rent. Late or missed payments can cause real financial stress, especially when mortgage costs, insurance, and maintenance bills still need to be covered.
That’s where rent guarantee options come in. But are they really worth it? Let’s take a closer look.
What Is Rent Guarantee?
Rent guarantee ensures that your rental income continues to be paid even if your tenant falls into arrears. It can also cover:
- Missed rent payments for up to 15 months.
- Legal costs if court proceedings or eviction become necessary.
- Support and guidance from your letting agent throughout the process.
It’s a simple, affordable way to protect your income and bring real peace of mind in an increasingly regulated and unpredictable market.
Why Rent Guarantee Makes Sense
The Renters’ Rights Act is designed to give tenants more security but that naturally increases risk exposure for landlords.
Longer tenancy terms, fewer possession routes, tighter regulations, and longer notice periods all mean one thing certainty and financial security have never been more important.
For landlords who rely on rental income to cover mortgages or who simply want peace of mind, rent guarantee isn’t a luxury it’s a safeguard.
We’ve seen first-hand how valuable rent guarantee protection can be for landlords, and here’s why we recommend it:
- Financial security: Your rent continues to be paid even if your tenant defaults.
- Peace of mind: You can relax knowing your income is protected.
- Legal support included: Legal fees included for regaining possession if needed.
- Consistent cash flow: It ensures you can continue meeting your own financial obligations, such as mortgages and maintenance costs.
- Professional management: Horizon Lets will handle all administration, claims, and communication on your behalf.
In short, rent guarantee gives you reliability and reassurance, whatever happens.
What to Keep in Mind
While rent guarantee is an excellent safeguard, every policy has its terms and conditions. We always make sure our landlords fully understand what’s covered, including:
- Eligibility requirements (such as tenant referencing).
- Waiting periods before payments begin.
- Any exclusions or limits within the policy.
We’ll guide you through every step to make sure the cover suits your property, tenants, and rental goals.
Our View: A Smart Move Now
Rent guarantee protection is now more important than ever.
With “no-fault” evictions (Section 21) being abolished and longer notice periods being introduced, it may take landlords more time to regain possession if a tenant stops paying rent.
Combine that with the ongoing cost-of-living pressures many tenants face, and it’s clear why rent guarantee is fast becoming an essential safety net.
At Horizon Lets, we strongly recommend every landlord consider adding rent guarantee to their management plan. It’s one of the most reliable ways to protect your income and stay resilient in this new era of renting.
Horizon Premium gives you rent guarantee within your management package so you’re protected without any extra hassle.
Let’s Secure Your Investment
If you’d like to discuss how rent guarantee can work for you or add it to your property management package our team will be happy to guide you through the options.
In a rental market that’s changing fast, certainty is invaluable. Rent guarantee gives you that certainty so you can move forward with confidence.
📞 Contact Horizon Lets today to find out more about Horizon Premium with rent guarantee service and how we can help keep your investment secure.
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