Tenant stops paying the rent -what do I do?

For many landlords the 'nightmare scenario' is where the tenant stops paying their rent. What do you do?

I recently had a case of a tenant who stopped paying their rent. What a landlord has to avoid at all cost is not to be tempted to wade in there and try and take possession of their buy-to-let property. If they do - there is a very real chance that they will end up being charged for harassment.

In my case I kept my cool and having served my section 21 notice I then had to serve my court form N5B for possession.

Luckily this did the trick and the tenant recommenced payment of rent.

This meant I avoided having to try and trace the tenant and try and reclaim the overdue rent.

Landlord that want to avoid being exposed to a tenant who stops paying rent can take out rent guarantee insurance.

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