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Rent arrears prompt evictions increase – Landlord Assist

Statistics released earlier this week by easyroommate.co.uk, said the number of tenant evictions in the private residential rental sector declined 11% over the last 12 months.

But Landlord Assist believes that in its experience landlords were still facing growing arrears and subsequently tenant evictions were on the increase.

Graham Kinnear, MD of Landlord Assist said: "We are baffled by these latest figures as it is our firm understanding that the level of evictions has risen. Our caseload increased significantly throughout 2009 and we struggle to believe this is purely as a result of our increased market share in the sector.

"Furthermore there is also evidence that rental arrears have actually been growing in the UK with a survey published recently by the National Landlords’ Association suggesting that nearly 45% of landlords have struggled to get payments from their tenants."

Stephen Parry, Commercial Director at Landlord Assist, said: "While some may argue that landlords are showing leniency to their tenants and offering payment alternatives to those struggling to avoid a potential void, this is not our experience.

"We are seeing landlords keener than ever to obtain the rent or evict the tenant. In most cases they have a mortgage to sustain and a limited reserve of spare money. Landlords simply can’t afford to have tenants who don’t pay."

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0 thoughts on “Rent arrears prompt evictions increase – Landlord Assist

  1. Major Landlord says:

    I agree totally with Landlord Assist: there is clear evidence that landlords are tightening up on rent arrears, including serving notice earlier, and inevitably being forced into legal action more often. Anyone who knows anything about credit control will tell you that a bad debt only gets worse the longer you leave it, and the likelihood of payment decreases. And with councils and the CAB advising benefit claimants to stay put until the bailiffs arrive, landlords often have no choice but to go legal. Landlord Assist should know – it’s their business.

    While I would like to think that other landlords are as sympathetic as I am when a tenant falls on bad times through no fault of his own, there are also those who deliberately over-extend themselves in the hope that they can get away with it. Rent revenue is either salary or mortgage repayments for a professional landlord, and few have enough reserves to tolerate consistent late payment.

    Easyroommate, like Findaproperty, has hit upon the PR benefits of circulating rubbish like this. It’s pointless, often wrong or ill-founded, and doesn’t tell us anything we don’t already know or need to know. But, as long as somebody will publish it, they will continue to send it. (I know, I’m a PR man as well as a landlord)

    Why don’t they just shut up and stick to doing what we pay them to do?