Checks in the post – £830 and five months rent is the average price of evicting a tenant...check how to avoid it in the first place...
Checks in the post – £830 and five months rent is the average price of evicting a tenant...check how to avoid it in the first place...
2nd July 2007
By David Lawrenson
The key is to do the necessary work before tenants move in and by managing tenants properly.
When a tenant damages a property or stops paying rent the financial consequences for landlords are grim. As well as the time involved, there are the costs of eviction and repossessing the property - and cleaning up the inevitable mess and damage that is left behind, writes David Lawrenson.
The stresses might also include angry neighbours (and possibly managing agents) who need placating too.
According to the National Landlords' Association the average legal cost (including court fees) of securing repossession is £830 and the average rent arrears amount to 5 months.
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