What if your housemates can’t pay?

 

Protect yourself from having to pay your housemate’s rent when sharing a house

If renting a shared house or standing as guarantor, you could be liable to pay the rent of housemates if they move out early or can’t pay. 

Whether or not your tenancy has started we can reduce the risk.

Rent Arrears Protection for tenants of shared properties

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We can be your guarantor for £10,000 of housemates rent arrears from just £79 a year

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Pay Your Annual Fee

When tenancy agreements are joint and several, all tenants are equally liable for each others obligations under the contract. this means that any tenant can be taken to court for their housemates rent arrears.

Only My share can reduce the risk of you having to pay other tenants missed rent, meaning you are only liable for your share.

Only My Share can stand in your place as a guarantor for rent arrears that your house mate has run up that you are asked to pay. Our guarantees are simple, transparent and 100% backed by A rated insurance companies

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32% of Landlords have suffered from rent arrears (NLA), increasing court order eviction rates.

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Cases of tenants seriously behind on rent are rising, over 25% of tenants fear they will fall into rent arrears in 2016 (LIN).

£10,000 of Rent Arrears Protection
for an annual fee of just £79

Step 1 ‐ Apply online www.onlymyshare.com

Step 2 ‐ Pay £79* annual fee

Step 3 ‐ You can relax, you're covered

This Guarantee is provided by Only My Share Ltd.
Registered in England No. 10005047.   7 Henrietta Street, Covent Garden, London, WC2E 8PS.

Every guarantee that we issue is insured by A rated UK insurers via Gauntlet Sphere.

Gauntlet Sphere is a trading name of Sphere Commercial Solutions Limited which is an appointed representative of Gauntlet Risk Management Ltd which is authorised and regulated by the Financial Conduct Authority under firm reference number 308081. Registered Office 4- 5 Hutton Terrace, Newcastle Upon Tyne, NE2 1QT. Registered in England No. 06949863.

gautlet-logoGauntlet Sphere Registered office as above. Registered in England. No. 06949863

© Only My Share 2016