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HomeLet and Martin & Co offer new cover for Landlords

Record Breaking number of Renewals for Martin & Co

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HomeLet and Martin & Co offer new cover for Landlords

There are a record breaking number of renewals for Martin & Co

25 June 2010

HomeLet and Martin & Co offer new cover for Landlords Back in July 2008 Martin & Co announced a three year deal with HomeLet. Now in 2010 Martin & Co, together with lettings insurance specialist, HomeLet, have developed an exclusive new Rent Guarantee product for landlords, called the Martin & Co Promise. The new product combines comprehensive cover and extremely competitive prices to provide landlords with market leading protection for their rental income.

The Martin & Co Promise provides cover for missed rental payments with 100% of the monthly rent paid for up to five months from the first arrears. It also covers legal expenses for eviction costs and covers the whole property, no matter how many tenants a landlord has. Landlords will also receive additional comfort because even after vacant possession has been obtained they will still receive 75% of the rent for two months whilst they look for new tenants.

Commenting on the new product Ian Wilson, Managing Director of Martin & Co, said: "As the UK's leading residential lettings and property management franchise we need to ensure that we're working with the very best providers in the industry and delivering to our customers an unbeatable level of service and the best products on the market. We've worked closely with HomeLet for over five years and they've used our experience of residential lettings to develop this new product and ensure that its features and benefits are tailored to our landlords' needs.

"At Martin & Co we carry out professional references on all of the tenants that we help to move. Sadly, in the majority of cases it's a change in the tenant's circumstances that makes them unable to pay the rent. This can put the landlord in a difficult situation, especially if their rent isn't guaranteed. Naturally landlords may be sympathetic, but they still need their rent. By choosing the Martin & Co Promise they can rest assured that they'll receive the rent, and that everything will be taken care of for them by the experts in HomeLet's experienced Legal and Claims team."

Commenting on the new product HomeLet Managing Director, John Boyle, said "Last year we saw an increase in the number of reported illegal evictions by landlords. Unfortunately I expect this figure to increase again in 2010, which is disappointing. At HomeLet our expert property legal specialists deal with the arrears in a professional manner, ensuring that the tenant is treated fairly whilst the landlord still receives the rent. In those cases where court proceeding are needed we take care of everything and support the landlord every step of the way.

"The buy-to-let market offers a fantastic opportunity for long term investors, but all too often you hear stories of landlords losing thousands of pounds in missed rental payments. Anyone's circumstances can change, and with unemployment set to remain high for some time, I'd strongly urge any landlord to protect their rental income."

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Also in June 2010 it has been announced that There are a record breaking number of renewals for Martin & Co.

The Martin & Co network have had many reasons to celebrate over the past year, with record breaking results and their domination of the industry’s national awards. However 2010 has given some of the network’s award winning offices an additional reason to toast to the future. Ten Martin & Co offices across the UK have reaffirmed their commitment to the UK’s no.1 letting agent by renewing their franchise agreements for another 5 years.

All these offices are great examples of how a franchise business partnership can achieve outstanding results. The offices may not have to pay a fee to renew, but there are strict criteria that they must meet in order to continue to fly the Martin & Co flag. Part of the renewal process includes the franchise owners visiting and meeting the head office team, as well as having a personal meeting with Group MD Ian Wilson to discuss their business plan, and their vision for the next five years.

“Our rise to the top has been quite remarkable, particularly over the past 5 years. The foundation of our success has been the business partnership with our successful and committed franchise owners, who not only drive their own business locally but who are also vital in developing the brand as a whole. We are delighted to be renewing our partnership with all of the offices, all of whom are a credit to the brand.” commented Ian Wilson.

The offices have certainly seen a number of changes over the past 5 years. A strong brand strategy over the last five years has transformed the group. The Martin & Co website now has more visitors than any other lettings specialist’s website*! The offices have also seen the introduction of the striking Martin & Co cars, a powerful marketing tool utilised by all ten offices. The renewing franchise owners have also seen the size of the group double in the last 5 years.

The future certainly looks bright for Martin & Co and their franchise owners as they continue to invest in the brand and firmly establish themselves as the market leading letting agent in the UK. The offices that have renewed are Bath, Belfast, Caterham, Cheltenham, Guildford, Littlehampton, Milton Keynes, Twickenham, Woking and York. *sourced from impartial web experts Alexa.com

Source: HomeLet

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See also HomeLet (Group) Press Information:

HomeLet launches Rental Price Index - June 2011

December news from HomeLet Landlord and Tenant Insurance - December 2010

HomeLet Insurance encourages Landlords to think about Rental Guarantee as difficult times face tenants - October 2010

HomeLet Mousemat for Tenant's Contents Insurance- October 2010

HomeLet Rental Index shows surge in rents for the South West of the UK - October 2010

HomeLet Insurance launch new forum for letting agents - June 2010

HomeLet and Martin & Co offer new cover for Landlords - June 2010

There are a record breaking number of renewals for Martin & Co - June 2010

HomeLet sponsors Bloom Apprenticeship Academy for Estate and Letting Agents - June 2010

Do landlords really need specialist insurance? - June 2010

Rent Guarantee claim a landlord's experience - June 2010

HomeLet Insurance update - June 2010

The Letting Agent of the Year Awards - June 2010

Grant Shapps appointed as new Housing Minister - May 2010

Nationwide Building Society announces New Mortgage Deals and John Boyle of HomeLet insurance says New Buy-To-let deal is good news for Landlords - May 2010

Pinkerton Murray Strikes Gold - May 2010

Students to get Extra Protection from Crime via HomeLet Insurance - May 2010

Rising Rents Pose Potential Risk for Landlords in the UK - April 2010

HomeLet insurance run for charirty - March 2010

HomeLet Launches £500 Prize Draw for Landlords - March 2010

Rental Increases could see a reversal of Fortune says HomeLet Managing Director - March 2010

HomeLet offers More Benefits for Premier Customers - March 2010

Agents Positive about the Future of Lettings - February 2010

Cold Snap Could Prove Costly for Landlords says HomeLet Insurance - January 2010

HomeLet Launch New Range of Landlord's Insurance - December 2009

HomeLet Insurance offers service guarantee to Letsense Agents - December 2009

HomeLet to launch innovative new insurance policy product - December 2009

Demand for HomeLet insurance doubles - October 2009

HomeLet releases a new Tenant's contents insurance product available via jml insurance - HomeLet rental insurance have cut the cost of tenants insurance from the 19th June 09 with a new policy that is available via jml insurance - June 2009

Barbon Insurance has acquired Zennor Ltd - April 2009

Tenants should Insure against recession related crime - February 2009

Barbon Insurance Appoints New Directors - Compliance - IT - Finance - February 2009

New Managing Director for Letsure- Barbon Insurance Group has announced the appointment of Ian Fraser as Managing Director - January 2009

New Chief Executive for Barbon Insurance - September 2008

Barbon Insurance Reveals Latest Financial Results - September 2008

EIS Completes Rebranding Exercise to Become Barbon Insurance Limited -August 2008

jml Insurance are very pleased that HomeLet and Letsure are now under the Barbon Insurance Group umbrella - August 2008

Martin & Co announces three year deal with HomeLet - July 2008

HomeLet staff gain promotions - June 2008

New Customer relations manager for EIS Insurance Solutions - June 2008

EIS sale completed - New and stable long term ownership - April 2008

EIS separates from Erinaceous Group - New and stable ownership - April 2008

Erinaceous placed in administration - April 2008

jml Insurance will now be introducing Homelet Landlord & Tenant insurance instead of Letsure - March 2008

Erinaceous puts insurance division up for sale - January - February 2008

Brian Turney has left Lumley Letsure - June 2007

Erinaceous Group Plc Opens Property Management Office in Dublin, Ireland - May 2007

HomeLet IPEX -Landlords set for buy-to-let revolution as new scheme launched - March 2007

HomeLet Rental insurance launch Portfolio Insurance from 10th July 2006 in the UK

Letsure has a new Glasgow offices December 2005

HomeLet launches new low cost option landlord’s protection - July 2003


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Please note, all details on any of the Insurance industry Press Releases displayed on this site are provided by insurance companies, organisations, Government departments and media and jml Property Services does not take any responsibility for their content or accuracy.

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See Also

jml Insurance Press Releases

Insurance Industry News Press Releases 2010

Insurance Industry News Press Releases 2009

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Insurance Industry Press Releases 2001 -2007

Independent insurance Articles

jml villas.com Press Releases

jml villas.com / euro-rentavilla.com Media Coverage

jml Training and Consultancy Press Releases



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