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Wednesday, March 03, 2010

Moonlight flits are landlord’s nightmares - absconding tenants

Absconding tenants are costing landlords thousands of pounds as they are forced into issuing court proceedings, to recover money due in unpaid rent and damaged property.

Therefore, tracing an absconded tenant is becoming increasingly common for landlords and letting agencies. The recession is officially over and the housing market is slowly recovering. Whilst this is encouraging for landlords who find they have buy to let mortgages in negative equity, it also a time to reflect on the realities of absconding tenants.

www.FinderMonkey.co.uk – are helping landlords trace their absconded tenants with their bespoke tracing service. Landlords can’t stop tenants from doing a moonlight flit, but what they can do is make sure they have the required information to find the tenant at their new address.

This is where FinderMonkey’s expertise is a vital resource, but what information is necessary to trace an ex tenant?. Landlords need to make sure they have as much information about the tenant as possible, for example: ·
  • Full name including any middle names, previous addresses and date of birth ·
  • Parents addresses
  • Partners name
  • Telephone numbers
  • Work details
Having the maximum amount of information to pass across to a trace agency will vastly increase the chances of a successfully locating your ex tenant.

Landlords must use the power when they have it, which is before the tenant has the keys. Too many landlords require a tenant trace search when they do not have key information, such as their tenant’s date of birth. Whilst this information is not always vital it does increase the likelihood of a successful tenant trace.

Click here for more information on Tenant Tracing Services


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