A record number of tenants in England and Wales were forcibly evicted from their homes last year.
Ministry of Justice figures showed that 37,739 private and public sector tenants had their homes repossessed by court bailiffs in 2013. This is the largest such figure since this data first started to be recorded in 2000.
Rents outstripping earnings rises are being blamed for the numbers and with little sign of rents cooling it is likely there will be a substantial number of similar evictions this year.
Its extremely rare that we need to evict any of our tenants for non payment of rent but as a safeguard all of our new managed tenancies come with Rent Guarantee Insurance and Legal Expense Insurance as standard for the initial term of tenancy, and this can be renewed thereafter for a small premium. This gives Our Landlords the extra peace of mind that in the very rare event that their tenant defaults on the rent they will not have to worry about legal fees or non payment.
This is just one of the many ways we provide Our Landlords "letting with peace of mind"
David