Visale Broadens Loyer Impayé Protection for Young Tenants
An update on the rental guarantee expansion, now covering all under-30 youth.
Originally available for select groups, Visale's rental guarantee now covers all French residents under the age of 30. This extension aims to facilitate access to housing for young people and ease the concerns of landlords regarding unpaid rent.
Key Changes in Visale's Rental Guarantee
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Age Limit: Previously, only students and apprentices could benefit from the guarantee. Now, all young people under 30 years old, including employees, are eligible.
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Rental Amount: The coverage limit has been increased to 1,500 euros in the Paris region (previously 1,300 euros) and 1,300 euros in other regions (previously 1,100 euros) for a maximum duration of 36 months.
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Application Process: The online application process has been simplified, allowing prospective tenants to submit their requests quickly and easily.
Benefits for Tenants and Landlords
Visale's rental guarantee expansion offers advantages for both parties involved.
For Tenants:
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Easier Access to Housing: With Visale serving as a guarantor, young tenants can more easily obtain rental agreements.
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Financial Security: In the event of unemployment or other difficulties, tenants can rely on Visale to cover their rental payments.
For Landlords:
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Reduced Risk: Visale's guarantee provides landlords with peace of mind, knowing that they will receive their rental income even if the tenant is unable to pay.
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Expanded Tenant Pool: The extension of Visale's guarantee allows landlords to consider a broader range of potential tenants.
Conclusion
Visale's expansion of its rental guarantee coverage to all young people under 30 years old is a significant step towards simplifying the rental process and promoting financial security for both tenants and landlords. Stay informed about the latest developments in French rental policies to make the most of these opportunities.