Landlord insurance 'pays if tenants don't'

Landlords have been urged to consider taking out protection against tenants who refuse to pay rent by industry experts.

Landlord Action, a firm that helps to evict rogue tenants, has called for people in the buy-to-let market to take out landlord insurance cover in case problems arise with tenants.

The company has warned landlords of fraudsters who move into properties then refuse to pay.

Paul Shamplina of Landlord Action told the Mirror that property investors "need to be careful not to get stung" and recommended they "consider rental insurance cover. It will pay if tenants don't".

He added: "We have evicted many 'professional' bad tenants over the years who go from one property to another duping landlords into renting their properties. One serial bad tenant conned five landlords and owed them £120,000."

Ways to avoid signing deals with unwanted tenants include asking for identification before they move in and asking to see bank statements to ensure they have the funds to pay rent.

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