Source Insurance has improved its landlord proposition by adding a Rent Guarantee product provided by Lexelle Limited.

The firm said that for most landlords, non-payment of rent is one of their biggest concerns and that this product offers an extra layer of protection for landlords, protecting their income at a time when the cost-of-living provides potentially challenging circumstances for their tenants.

Carl Oakes, sales director of Source Insurance, said: “Source Insurance is pleased to announce this addition to our competitive buy-to-let offering at a time that presents challenges yet fresh opportunities for landlord clients.

“Now is the ideal time for brokers to review their landlord customers and make this valuable protection available to them.

“We will continue to strengthen our proposition over the coming months, providing our partners with the tools to offer hassle-free insurance at fair and square prices.”