Like any insurance product, there are certain pitfalls. You will have to pay a monthly fee for this protection, often up to 20% of the monthly rent. Upon default by the Tenant, you will have to pay an excess which is often equivalent to 1 months’ rent. In most cases this benefit will cease after 6 months. With our guaranteed rent lease, you will be paid regardless and you will not incur set-up fees, commissions or excess payments
