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A landlord’s guide to dealing with late rent

POSTED: 26th August 2015
IN: Landlord helpful guides
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It’s crucial for landlords to follow the correct legal procedure to recover their costs if tenants fall behind on rent.

Even the best-prepared landlords may sometimes face situations where tenants fail to pay their rent on time, but dealing with this challenge in the right way can mean the difference between resolving the issue and facing severe penalties.

In particular, actions such as entering the property without warning can be seen as harassment, leading to significant fines or even jail time for the landlord, so it’s important to take a professional, measured approach and comply with all legal requirements.

The flowchart below outlines a best practice guide to approaching the situation, and what to consider at each stage.

 

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