Currently viewing the tag: "behind with the rent"

Tenant evictions increase because of severe rent arrears

as rents and utility bills rise

Rise in Tenant Evictions

Rise in Tenant Evictions

UK landlords are well aware that continuing to house tenants that are already in rent arrears can be a costly exercise, unless swift action is taken to evict them.

Hiring eviction experts can help speed up the eviction process of these non paying tenants and using eviction experts should avoid the case being thrown out of court due to minor inaccuracy or mistakes in the required paper work.

Landlords are moving faster than ever to evict tenants who fall into rent arrears according to the latest figures from Sweet & Maxwell, the leading legal information provider.

Any tenant more than two months behind on their rent is classified as being in severe rental arrears. The number of tenants affected by rent arrears rose nearly 5% during the last quarter of 2012.

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Private Rental Sector Void Periods and Rent Arrears 

Showing Improvement

Rent Guarantee Insurance Helps Landlords Avoid Rent Arrears

Rent Guarantee Insurance Helps Landlords Avoid Rent Arrears

UK private rented sector landlords are reaping the rewards of the development of specialist products and services designed to ease the burden for landlords and the UK lettings industry.

According to data from the National Landlords Association (NLA), private rented sector void periods have fallen to their lowest level in over 12 months, with only 33% of landlords experiencing vacant periods in the last three months. The figures are down 13% when taken year on year.

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