Property September 24, 2021
     

VIDEO: What should I do when a tenant won't pay rent?

You thought you’d found the perfect tenants, but then you realise that they haven’t paid their rent. What should you do? 

 

 

• First, communication is key. Always check the day after rent is due to make sure it is in your account. If it’s not there, contact them straight away. There could be a simple answer, like a transfer issue. Keep clear records of all communications. 

 

• Generally, give up to seven days as a grace period, then give a formal letter, and then give 24 hours’ notice to visit the property.

 

• Does your tenant have a guarantor to pay their rent if they are unable to? Get in touch with them as they may be able to settle the bill. 

 

• Have you got landlord insurance? A ‘rent guarantee’ will provide rental arrears and financial help. 

 

• Problem still not solved? It’s time to get the courts involved. Talk to a legal advisor like a solicitor and bodies like the National Landlord Association to help you. 

 

Guild Members make great letting agents to help with any rental issues. Find your closest Member and find out more about lettings services today.

 

Top trends for a bathroom makeover

Budget-friendly ways to upgrade your home in 2024

5 ways to improve your home

How to be a good landlord during the festive season

Contact Us

Moreland Estate Agents
903-905 Finchley Road
Golders Green
NW11 7PE

Tel: 020 8381 4970
Email: info@moreland.uk.com

Follow Us

Moreland Estate Agents FacebookMoreland Estate Agents TwitterMoreland Estate Agents InstagramMoreland Estate Agents LinkedInMoreland Estate Agents YouTube Channel


The Guild of Property ProfessionalsTerms and Conditions | Privacy Policy | Cookie Policy | Complaints Procedure | Fees | Code of Practice | Disclaimer | Client Money Protection                                                                                                                                                                   

2021 © Moreland Estates Ltd is a company registered in England and Wales with company number 03663497.
VAT Registration Number: GB 701 775 936.
Trading Address is: 903 - 905 Finchley Road, Golders Green, London, NW11 7PE.
Registered Office is: Unit 8 Alpha Business Park, Travellers Close, Welham Green, Hertfordshire, AL9 7NT.

Check mortgage eligibility online