| Homelet |  |
| Selecting the right tenant is essential for a successful let and the HomeLet exclusive range of tenant referencing products will steer you towards the right choice. With 6 unique products, you can select anything from a simple credit check through to a full reference and rent guarantee. |
| To obtain a reference for your prospective tenant YOU MUST HAVE THE INDIVIDUAL'S WRITTEN CONSENT. |
| To
complete the reference application, we will ask you for the following:
· Details of the property to let including the amount of rent that each of your tenants will pay. · To select the HomeLet referencing product that you require for each tenant. · Details of each tenant including their current address, date of birth and annual salary or earnings. · To pay for the reference by credit or debit card. |
| There
are a number of ways to complete the reference application: · To collect the information from your proposed tenant(s) and to complete the application with their consent. · To complete the information with your prospective tenant present. · To complete the initial details and then to email the form to your tenant for completion. (where the form is emailed to the proposed tenant it will be returned to you for approval so that you can then make payment and submit the application) |
| The
6 HomeLet referencing products are: · Credit Profile Plus From: £25.00 + VAT. · Comprehensive Plus From: £45.00 + VAT · Express Rent Guarantee From: £75.00 + VAT · Extra Rent Guarantee From: £85.00 + VAT · Advantage Rent Guarantee From: £105.00 |
| Credit
Profile Plus · Instant on-line report · Covers all tenants (UK residents) · Credit history, score and voters' roll / address verification · Provides report on any detrimental credit history and a decision for HomeLet Legal expenses insurance cover |
|
Comprehensive
Plus |
| Xpress · Available online with instant report. · Covers rent up to £ 10,000 · Covers all tenant types: PAYE, self-employed, student, housing benefit, unemployed and companies · Credit history and voters' roll / address verification · Undiscloseed addresses check · Undisclosed CCJ/CD check · Provides credit score and fraud score · 6 or 12 months policy · Excess is one month's rent · Legal expenses cover for eviction up to £25,000 following non-payment of rent · Final report contains a tenancy recommendation |
| Extra · Available by fax or online · Tenant assessment plus a 6 or 12 month rent guarantee and legal expenses cover · Covers rent up to £ 10,000 per calendar month · Covers working PAYE tenants only · Acknowledgement within 3 working hours · Credit history and voters' roll / address verification · Full tenant assessment · HomeLet tenant database check · Rent Guarantee covers up to 6 months rental payments · No excess on rent guarantee · Legal expenses cover for eviction up to £25,000 following non-payment of rent · No excess on legal expenses · First guarantor free if requested by HomeLet · Claims must be notified to HomeLet in writing within 31 days of the rent first becoming due · Final report contains a tenancy recommendation · Declined / rejected applications charged at Full Reference price · Renewals available for a further 12 months |
| Premier
Plus · Available by fax or online · Tenant assessment plus a 12 month rent guarantee and legal expenses cover · Covers rent up to £ 2000 per calendar month · Covers all tenant types: PAYE, self-employed, student, housing benefit, unemployed and companies · Full report or interim report within 3 working days · Credit history and voters' roll / address verification · Full tenant assessment · Rent Guarantee covers up to 6 months rental payments · No excess on rent guarantee · Legal expenses cover for eviction up to £25,000 following non-payment of rent · No excess on legal expenses · First guarantor free if requested by HomeLet · Claims must be notified to HomeLet in writing within 31 days of the rent first becoming due · Final report contains a tenancy recommendation · 6 months lead-time from assessment to start of tenancy for students · No upper limit on rental · Declined / rejected applications charged at Standard Reference price · Renewals available for a further 12 months |
| HomeLet
provides a range of insurance and other related products for the
residential letting industry. These include a specialist landlord
scheme that is specifically designed for the particular risks
facing landlords and a comprehensive tenant policy which includes
cover for the risks associated to those who do not own the property
where they live. HomeLet products are available through a network of some 5,000 letting agents throughout the UK as well as on the Internet. Each of our letting agents has to meet entry criteria before being appointed to provide HomeLet products and our team of Business Development Managers is responsible for quality. The HomeLet team includes Customer Service Operators who are trained to answer any concerns that you have regarding one of our products and they are available to take your call. With £360 million of insured property in our care, we are the market leaders in our sector and our policies are underwritten by Group AMA and other leading underwriters (see Our Underwriters). |
| HomeLet
policies are underwritten by GroupAMA and other leading insurers. In the UK GroupAMA is one of the top ten general insurers with a reputation for innovation and customer service. The insurer has 1200 staff in the UK and some 27,000 world-wide and manages assets exceeding £25 billion. GroupAMA is a member of the Association of British Insurers (ABI) and adheres to its code of conduct and complaints procedure. |