HOMES & GARDENS
LANDLORDS
WHAT TO DO WHEN YOUR TENANT STOPS PAYING
n the recent years there has been an So what do you do when things go wrong? The You cannot afford to ignore the problem!
I
increase in the numbers of people buying most common problem is that the tenant suddenly Most tenants know that they can remain in the
residential property for investment purposes, stops paying rent, often putting the Landlord with a property until a court order is obtained.
commonly known as “buy to let”. For many the buy to let mortgage under severe fi nancial pressure. If you do nothing the arrears of rent will increase
experience of being a Landlord is a new one. Your remedy starts by talking to the tenant. There and your chances of recovering any of the unpaid
may be a genuine reason for non-payment of rent rent will decrease.
(e.g. the tenant may have unexpectedly Andrew Raby is a Partner at Thackray Williams
lost their job). You might be Solicitors LLP and specialises in landlord and tenant
able to fi nd a solution. Most disputes and property disputes generally.
good tenants do not become
bad tenants overnight.
If the tenant will not
communicate seek legal
advice as soon as you can.
The only way to evict a
tenant is by obtaining a court
order and this process will
always take at least few months
during which time the amount of
unpaid rent will only increase.
A solicitor can advise you on
the steps you must take including
drafting appropriate notices to
serve on your tenant and deal For more information call 020 8290 0440
with the court proceedings for or email andrew.raby@thackraywilliams.com
you.
2626 | MMARARCHH ISSUE ISSUE
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