Rent guarantee
The KFH Rent Guarantee Service will cover monthly rent payable for up to 15 months. In
addition, you will also benefit from market-leading tenant references as well as up to £100,000
of legal expenses, including eviction costs. With no policy excess, your payments begin from the
first month of rent arrears. This comprehensive service is provided in partnership with HomeLet
and gives you the peace of mind that your rental income is safe.
- CIFAS checks – by directly checking the national fraud database, HomeLet detect applications where an applicant has either previously committed fraud or has a confirmed case of committed fraud against them
- A check against Default Database. This system highlights whether a tenant may have failed to pay their rent in the past
- Cover for the total monthly rent, no matter how many tenants are on the tenancy agreement
- Missed rental payments until vacant possession of the property or for up to 15 months, whichever comes first (to a maximum of £50,000)
- Legal expenses up to £100,000 to cover eviction costs if the tenant is in breach of their tenancy agreement
- 75% of the rental amount for up to 3 months’ following vacant possession, following a claim and the property is available for re-letting by KFH
- Covers breaches of the tenancy agreement by the tenant, including non-payment of rent and expired section 21 notices and other serious breaches of their tenancy
- Cover should a tenant defend the action taken, meaning we’ll continue to pay the claim until the challenge has been resolved
- Whole property covered, meaning the policy continues even when/if the tenants change
Here to help
Talk to your local branch to find out how the KFH Rent Guarantee Service can offer you comprehensive protection.