Storeys/Goodlord rent protection for landlords

Storeys/Goodlord rent protection for landlords

Becoming a landlord is a great way to invest in your future and to generate profit from an asset like an old family home. However, it doesn't come without its risks. Perhaps one of the most significant for every landlord is the potential issues that can arise if the rent stops coming in. Many landlords today are reliant on rent payments to cover mortgages or other outgoings and complex situations can be created when that cash flow stops. That's why Storeys has teamed up with Goodlord to offer the ideal solution - rent protection for landlords that is designed for the modern lettings environment.

It pays to have great tenants

One of the things we recognise at Storeys is how important it is for landlords to have great tenants. We put time and effort into helping our landlords find the right tenants and also into nurturing relationships that are mutually beneficial and long lasting. However, sometimes things don't work out and when that happens it's important for there to be some kind of income protection in place.

What does Goodlord rent protection provide?

It's essentially a way to ensure that you can still receive the rental income that you need even if your tenants stop paying it. So, if your tenants don't pay the rent that has been agreed in the tenancy agreement, if you have Goodlord rent protection in place via Storeys you'll be covered. However, that's not where this comprehensive approach to landlord support ends. In addition, rent protection provides the following:

  • Getting the property back. Working together with Storeys, Goodlord will ensure that you get your property back from tenants who haven't paid their rent but are refusing to leave. This includes managing the legal process that might be involved (for example, evicting tenants) so that you don't have to deal with the waiting and the stress.
  • Ensuring that you get your rent. Rental protection cover also includes pursuing tenants who have not made the required payments to ensure that outstanding rent is recovered.
  • Cover for costs. In addition, the policy provided by Goodlord will also extend to cover up to £1,000 of property damage caused by tenants and legal expenses of up to £100,000. This could be, for example, where there is a criminal prosecution as a result of an action for unlawful discrimination or if there is a dispute with one of the parties to the tenancy agreement.

Greater peace of mind

Tenants who don't pay rent - and all the problems that can cause - remain one of the biggest headaches for landlords. That's why we're working with Goodlord to offer this smart solution. As letting agents in Hackney we've seen plenty of issues arise in tenancy relationships and, although we often work to resolve problems personally, we know that this kind of protection is a smart move as a back up in the worst possible scenario. If you'd like to find out more about Storeys/Goodlord rent protection for landlords please get in touch.


Residential lettings
We pride ourselves on being genuine industry experts, providing a positive experience, from enquiry to after care. Storeys focuses exclusively on lettings, and we value properties, we don’t just list them. Knowledge and innovation mean we can be competitive on costs while also delivering an individually tailored service.
Property management
Storeys is a bespoke offering based on the fundamental principle of value for money – we want happy customers. Paperless tech and eSigning deliver efficiency and convenience, no high street office minimises costs. The result is a streamlined service nimble enough to tailor what we do to suit your needs.
Aesthetics, natural light, building quality, and overall finish – these aren’t ‘extras’ in a Storeys valuation, they’re as much a part of the process as size, condition and location. We look at individual property potential, not generic criteria. Factors like space for modern living arrangements, such as flexible working, are incorporated too. Our valuations are all the more accurate and successful for it. There is a perfect tenant for every property if you know how to find them.
Short-term lettings
Providing value for tenants and continuity for landlords, Storeys short-term lets run from 4 weeks to 6 months. We work with major London relocation teams and a global contacts network to match international tenants to perfect London properties.
Vacant property Management
We can manage your vacant property in-between tenancies or refurbishment, giving you peace of mind that the property is being looked after and inspected on a regular basis.
Superior Marketing
There is just no comparison between static photos and VR when it comes to property marketing. VR allows tenants to do a virtual walk around and get a realistic feel for the property - their expectations are grounded in reality, and properly managed. This makes VR a very effective tool, not just for generating interest and viewings but also converting those to offers. That’s why we partner with VRPM to create a virtual reality perspective for every property we handle.
Airbnb Management
We can manage your Airbnb account and make sure each booking runs smoothly, keys are always available for handover and the property is ready for the next occupation. This can run very well alongside our short-term corporate letting service.
Rent Protection
If your tenant defaults on the rent, Storeys have you covered. We also cover your legal expsenses and pay you rental income if your property is vacant whilst we remarket for new tenants. Don’t worry Storeys have your back.*ask a member of the team for more info. This service is included for every Storeys managed property.