What is a paper bond scheme?
If eligible, the program offers landlords or landlords a guarantee of up to 4 weeks or a calendar month’s rent. And you can relax knowing that this property is empty the whole time, you’re still guaranteed rent payments, and you’re still getting monthly guaranteed rental income in Burnley Lancashire. And you can relax knowing that this property is empty the whole time, you’re still guaranteed rent payments, and you’re still getting monthly guaranteed rental income in Burnley Lancashire. And you can relax knowing that this property is empty all the time, you’re still guaranteed rent payments, and you’re still getting a monthly guaranteed rent from Burnley.
Furthermore, there is no catch and no fees.
Are
rental guarantees worth it?
The
rental guarantee insurance covers a landlord’s income if his tenant defaults on his monthly rent. If you hand over the property to a management company or rental agency for a specific period of time, usually 2 years, you don’t have a say in who rents the property for the entire period. The person or organization that rents the property from the landlord then rents the property out to tenants and manages the property and tenancy. While most landlords insure themselves for buildings, household contents, liability protection and legal costs, very few will take out rental guarantee insurance.
