@sandwicheater
Thanks for that… I started clicking down that now.
Even when using the services of a professional letting agent, problems with tenants can occur. In many cases the tenants personal circumstances have changed during the term of the tenancy.
Situations like loss of their job, failure of their business, a relationship break-up, accident or illness will effect the tenants ability to pay the rent or their inclination to move out at the end of the tenancy.
All these situations can be resolved but will usually involve a Court hearing and solicitors costs. Legal expenses insurance will usually cover all of your legal costs, solicitors/barristers fees, Court and bailiffs’ costs. Most such policies will cost well under £100 which represent less than 45 minutes of a specialist solicitors time on a normal fee paying basis. The average legal cost of a possession hearing in 2001 was £785, many cost well over £1,000.
Source:http://www.arla.co.uk/info-guides/info-for-landlords/insurance-guide.aspx