Business Details
15 Years
experience
Trusted Letting Agent Services in Norwich
Advanced Rent has been dedicated to reducing risks in rental property management since 2011. We specialise in innovative tenant referencing and insurance solutions tailored for landlords, letting agents, and tenants. Our services include rent guarantees, deposit replacements, compliance insurance, and abortive transaction cover. With FCA authorisation and over a decade of industry experience, we combine regulatory compliance with practical risk mitigation strategies.Our team prioritises client relationships through personalised support rather than automated sign-ups, offering transparent pricing and comprehensive protection. We continuously adapt our offerings to address evolving market challenges while maintaining a focus on affordability and accessibility across England and Wales.
Services
Tenant Referencing
Rent Guarantee
Deposit Replacement
Compliance Insurance
Abortive Transaction Cover
Details
- Year established: 2011
Highlights and features
- FCA-authorised insurance services since 2011
- 24/7 client relationship management approach
- Innovative risk mitigation solutions for property transactions
- Transparent pricing with no hidden fees
- Specialist support for landlords and letting agents
Associations and certifications
- Financial Conduct Authority
Services
Tenant Referencing
Comprehensive tenant referencing services for landlords and letting agents. Our process verifies financial stability, rental history, and identity to reduce tenancy risks. We provide detailed reports to support informed decision-making while ensuring compliance with legal requirements across England and Wales.
Rent Guarantee
Insurance coverage for unpaid rent in residential lettings. Our policies protect landlords against financial losses from tenant arrears while maintaining regulatory compliance. We handle claims efficiently to ensure minimal disruption to property income streams across England and Wales.
Deposit Replacement
Alternative to traditional cash deposits for tenants. Our insurance-based solution protects landlords against property damage and unpaid bills while offering tenants greater financial flexibility. The service complies with UK tenancy deposit regulations and dispute resolution requirements.
Compliance Insurance
Specialist insurance meeting FCA and property sector compliance requirements. Designed for letting agents and landlords, this coverage addresses regulatory risks in tenant management while ensuring adherence to industry standards across England and Wales.
Abortive Transaction Insurance
Financial protection for property transaction failures. Our Residential Abortive Transaction Insurance covers legal fees, surveys, and mortgage costs up to 1,500 for buyers and sellers. The policy includes additional benefits like mortgage advisor fee protection and temporary accommodation cover.
Questions
What is Residential Abortive Transaction Insurance?
RATI covers financial losses when property transactions fail, including legal fees, surveys, and mortgage costs up to £1,500 for buyers and sellers.
How much does abortive transaction cover cost?
Our flat fee of £69 including IPT provides comprehensive coverage for one property transaction in England and Wales.
Can I get insurance after starting conveyancing?
No, cover must be purchased before instructing solicitors or completing surveys to maintain policy validity.
What areas do you cover?
We provide services across England and Wales for residential property transactions and landlord insurance needs.
How do I make a claim?
Contact our team directly through the claims process outlined in your policy documentation for prompt assistance.
Are your services FCA regulated?
Yes, Advanced Rent Limited operates under FCA authorisation number 728481 for all regulated insurance activities.
