Published: 20/08/2022 By Victoria Banet
Homelet have said "Rent Guarantee claims are increasing, and we will undoubtedly see more claims throughout the winter as the cost-of-living crisis worsens and the energy price cap is set to increase." - This is due to the rise of living costs.Let Alliance and Homelet will prioritise and speed-up rent insurance arrears claims by letting agents during cost-of-living crisis.
The two companies, which are part of the Barbon insurance group, have committed to prioritising arrears claims submitted by agents and landlords to its assessors, saying it has seen the number of claims beginning to climb.
Effective immediately, Homelet and Let Alliance will pay all rent protection payments as faster payments, meaning the money will reach agents’ accounts immediately, subject to bank processing.
They will begin paying outstanding arrears upon receipt of a claim, subject to qualifying criteria.
Homelet have said "Rent Guarantee claims are increasing, and we will undoubtedly see more claims throughout the winter as the cost-of-living crisis worsens and the energy price cap is set to increase."
Here at Greenwoods we offer one year free rent guarantee for all of our managed properties.
You can rest assured your rental property is safe with us!