Many landlords will at some point unfortunately find themselves with a tenant in rent arrears.
We regularly advise landlords on their options to recover rent arrears from their tenants. There are several remedies available to landlords, and the approach a landlord takes will depend on its relationship with the tenant, the tenant's circumstances and the landlord's long term objectives.
Some of the landlord's remedies are time limited and can be waived depending on the steps the landlord takes when the tenant falls into arrears. It is important that a landlord take advice quickly, to preserve all of its options available.
For landlords, our rent arrears solicitors can:
There are lots of factors for a landlord to weigh up when deciding how to recover a tenant's arrears. A landlord should take advice on its options at an early stage, so that it can preserve its remedies available, whilst it considers the approach to take.
The team's real strength lies in the fact that everyone takes a very commercial approach towards litigation, realising that sometimes a good settlement may be worth more to a client than a judgment from a court.