Letting Agents: What will the Letting Agents fee ban mean to your company?

As the ban on letting agency/admin fees draws closer, many smaller independen  letting agents are looking for ways to replace this stream of income, which in many cases has previously covered major company outgoings each month such as staff salaries.

Many agents we have spoken to are worried about their future as fees can mean a luge loss of revenue to their business. However working with Imperial Claims is a great way to replace some of your lost income.

Imperial Claims are an independent insurance claims management company with substantial experience in dealing with commercial, industrial, homeowner and landlord claims.

We help clients who have suffered from insurance covered losses relating to building and or contents such as

  • Fire Flood Explosion
  • Storm Impact damage Subsidence
  • Theft Burglary Contents
  • Loss of License Liability Claims Professional indemnity

Imperial Claims Consultants Ltd,  work only for the insured, we work tirelessly  to negotiate on their  behalf to progress the claim to resolution, ensuring that you obtain the best possible settlement, under the terms and conditions of the policy, then our  Maintenance company can then carry out all of the reinstatement works.  (Our service costs the insured, nothing, provided our sister company, Imperial Maintenance Ltd , a Which? Trusted Trader, and/or its panel of sub-contractors are used.   If we do carry out the reinstatement work for you, we will pay your insurance excess for you.  If an external company is used, a claims handling fee is applicable)

The insurance company will always employ the services of a Loss Adjuster, who only has the best interests of the insurance company at heart and is there to reduce the amount paid out the the insured and verify the claim, so is it not fair that your landlord is equally represented?

Having a member of your property management or lettings team manage an insurance claim for a landlord is fraught with perils, they are not trained to do so and it takes up valuable time which could be better used within your agency, so why not let the professionals handle the claim for you.

We also offer a free policy checking service, we have had a spate of claims of late where landlords were not covered for their particular situation/tenant type or  did not have enough rebuild value to rebuild following fires or other damages, leaving them hugely out of pocket and unable to repair the properties.

We currently work with many local and national letting agents and pay good rates of commission upon settlement to any agents who refer work to us., hence replacing lost income from letting fees.

Our company is FCA registered and regulated for your peace of mind (FCA registration number 573197)

If you would like to discuss working with us further, please do not hesitate to  contact us.


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