Ceta teams with Addept for wholesale rent guarantee products
Digital niche personal lines broker Ceta has launched four rent guarantee products on a wholesale basis underwritten by managing general agent Addept.
Part of Top 100 UK broker Atec Group, Ceta noted the policies have been rolled out as intermediaries seek to help landlord clients navigate the changes implemented by the Renters’ Rights Act 2025 which comes into force on 1 May.
According to Ceta, the Act has “significantly” increased income risk for landlords and the impact is already being felt.
It detailed the median time to possession has already increased to 27 weeks, and landlords are now experiencing a minimum of four months’ rental income
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