RENT ARREARS
OUR RENT ARREARS RECOVERY SPEACIALISTS WILL GIVE YOU ADVICE ON THE BEST ROUTE ON HOW TO RECOVER THE DEBT. LOOKING AT YOUR INDIVIDUAL SITUATION WE WILL WORK WITH YOU TO ESTABLISH A SLOUTION THAT WILL QUICKLY AND COST EFFECTIVELY RESOLVE ANY ARREARS.
Rent arrears can quickly erode profits and cause serious financial problems for you as a landlord.
A FEW MONTH OF NON-PAYMENT OF RENT COULD MEAN YOU COULD BE OUT OF POCKET AND MAY BE FORCED TO USE YOUR OWN SAVINGS OR INCOME TO FINANCE THE PROPERTY. EARLY DETECTION IS VITAL. ANY MISSED RENT PAYMENTS NEED IMMEDIATE ACTION TO SAFEGUARD YOUR FINANCIAL POSITION.
Before the legal action
You should try and resolve the rent arrears without legal steps but if you’ve exhausted other methods of resolving the payment issues the first stage is to serve the relevant possession notices, for rent arrears. We can help you with this important step.
How can we help
Our rent arrears recovery service includes drawing up a section 8 notice and rental arrears schedule, serving it on your behalf in accordance with the relevant clauses of your tenancy agreement and providing you with a certificate of service.
lf the tenant does not vacate the property on expiry of the relevant section notice Erfolg Solicitors assist you with drafting of the papers, guide and help you
Resolving Rent Arrears
Although there are ways to reduce the risk of tenant rent arrears, such as properly vetting a tenant, you can never eliminate the risk entirely. There can be number of reasons why a tenant may not be able to pay their rent; including losing their job,having a pay cut or maybe a couple split up leaving one to pay the rent on their own. Spotting problems early will help minimize the impact of rent arrears.
Often when tenants stop paying rent landlords have no idea what to do,however you should take action immediately, contacting us early on in the process will help minimize your losses.
By making tenants aware of the seriousness of the situation early on will help them recognise that the problem will not go away and that they will need to deal with the issues after all they could lose their home.
IF AFTER SERVING A NOTICE THAT PROBLEM REMAINS AND THE TENANT ISN’T COOPERATING OR MAKING PAYMENT YOU WILL NEED TO TAKE FURTHER STEPS AND REST ASSURED WE WILL BE THERE TO HELP YOU.
We’re here to help
REQUEST AN INITIAL CASE REVIEW
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