Repossession service for Landlords
As we are well into the New Year the Christmas period seems a distant memory, unfortunately for many of us the costs are not yet over.
Over the festive period the average household will spend more than £500 extra on presents, food and parties. It’s very easy to overspend and look towards credit cards, store cards, overdrafts and loans to ease the financial burden however this only compounds existing financial problems.
During January when the first credit card statement pops through the letterbox we are left with this ‘extra burden’ with payments from our already stretched monthly budget made to pay the balances off. Fortunately there are a number of organisations that can assist tenants to find sustainable solutions and recent figures suggest over 90% who have a problem paying rent do find one.
However, for many landlords the New Year and extra financial burden on tenants can start to have a detrimental effect on their financial situation with some tenants starting to miss their monthly rent payments. We would always encourage landlords to speak to their tenants in the first instance if they believe that the financial burden of renting is becoming an issue for them.
As we know from talking to landlords, they can quickly enter their own financial problems when tenants start to miss rent payments, and for landlords this can sometimes only leave them with the option to ask the tenants to leave the property. Unfortunately, many tenants will not leave.
As a landlord you must follow strict procedures if you want your tenant to leave your property, depending on the type of tenancy agreement you have and the terms of it.
If you don’t, then you may be guilty of illegally evicting or harassing your tenant.
Oakwood Solicitors offers landlord’s a tailored service, depending on the type of possession the landlord requires. From pre litigation to serving Section 8 and Section 21 notices to instructing enforcement in relation to eviction and repossession.
A non paying tenant can cost a landlord financially and take a great deal of their time. By managing the process Oakwood Solicitors can ensure that all necessary legal procedures are followed correctly, and issues on time to ensure the landlord gets their property back as quickly as possible and giving the landlord the time to concentrate on other important daily matters.
For further details, please contact us at email@example.com