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ARC LEGAL PROPERTY OWNERS MARKET SUCCESSES FUEL FURTHER GROWTH

Arc Legal is continuing the growth of its specialist landlord legal expenses business with two new scheme appointments.
RentGuard right to rent

Legalisation requiring landlords and letting agents in England to check the immigration status of all adult tenants before the starting a new tenancy, was introduced in early 2016. Landlords who fail to carry out checks risk a potential penalty of up to £3,000 per tenant.

Specialist residential and commercial let property insurance provider, RentGuard has appointed Arc Legal to provide a dedicated right to rent legal expenses scheme for members of the Residential Landlords Association (RLA). The product covers the costs of legal advisers to raise objections or appeal against a civil penalty issued against the RLA member.

The Lettings Hub cover

Independent residential lettings and property management services company The Lettings Hub, formerly Landlord Hub, has appointed Arc Legal to provide a legal expenses and rental guarantee product for Landlords and Letting Agents. The product provides a range of cover levels to include cover for repossessing property from the tenant, property damage, eviction of squatters, rent recovery, payment of rent arrears and legal defence.

For more information on Arc Legal landlord and letting agent products and services please contact your account manager.

*https://www.theguardian.com/money/2016/jan/08/tenants-serious-arrears-rises-september-2015

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