Rent Arrears

 

What are Rent Arrears?

If your rent is not paid, the money owed is called ‘rent arrears‘. Rent arrears are ‘priority debts’, which means the consequences of not dealing with them are serious – there is a risk of eviction.

If you are a Private Landlord with Rent Arrears

If you’re having trouble ensuring your tenants pay their rent resulting in rent arrears, these guidelines explain how to keep track of rent payments and recover any money owed.

  • Keep a record of payments
  • Write to the tenant
  • Send a letter to the guarantor
  • Claim possession of your property
  • Go to court.

It is important for landlords to keep a close eye on arrears before they get out of hand.  Where arrears are an issue, most landlords will choose to serve a possession notice to incentivise payment.

However, for those landlords who are concerned about difficulties re-letting the property, we can assist them in recovering rent arrears during the tenancy without terminating the tenancy.  Where a tenant moves out at the end of a tenancy with arrears, without leaving any forwarding address (and perhaps moving overseas) it can be tempting to write off the debt.  We can trace former tenants and guarantors worldwide, obtain judgment in the UK and enforce either in the UK against UK based assets or overseas.

If you are a Tenant with Rent Arrears

Don’t ignore letters from your landlord or letting agent regarding rent arrears. Speak to them about your situation and let them know you will send them a repayment plan and prioritise your rent payments.

They may be willing to keep you as a tenant if payment problems can be sorted out.

If you rent from a council or housing association, ask them for support with:

  • debts
  • budgeting
  • problems with your benefits

Hagen Wolf has the experience and knowledge to come to a resolution without the need for court proceedings, or if necessary, act on behalf of you in court proceedings.