rent debt

rent debt

Unsecured consumer credit grows at fastest rate in more than 11 years

05 January, 20170 Comments
As the UK credit binge approaches levels unseen since the 2008 financial crash, this should set alarm bells ringing for residential landlords to get their affairs in order and safeguard their rental income as soon as possible. The latest figures from the Bank of England show unsecured consumer credit, which includes credit cards, car loans and second
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1.3 million people can’t all be wrong, and they are not bad tenants either

19 December, 20160 Comments
There are 1.3 million people in the UK on waiting lists for “Social Housing”, not wanting a “traditional” landlord, they can’t all be wrong. Much of the free advice for landlords is flawed and this breakthrough new book (published December 2016!) aims to set the record straight explaining, amongst other things, that by being slightly
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5.5m private tenants at risk of rent arrears – even if they work

19 September, 20161 Comments
Landlords are being warned that a growing number of working tenants are at risk of falling into arrears because they would fail to qualify for housing benefit if something went wrong. A recent report by a large insurer has found a rise in the number of working people at risk of being unable to pay
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Strictly Star faces eviction over alleged 20k rent arrears

22 April, 20140 Comments
Strictly Come Dancing star and ex of Sven-Goran Eriksson Nancy Dell’Olio faces eviction over alleged rent arrears of £20,400. The £4 million luxury maisonette situated in Eaton Place, Belgravia, with floor to ceiling windows and flat-screen TVs in the lounge and bedroom, is owned by landlord Pridelands Ltd. According to documents lodged at West London
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Crackdown on bailiffs using aggressive tactics

07 April, 20140 Comments
Changes to the way bailiffs can enforce debt repayments came into force last night in England and Wales. With bailiffs estimated to collect around 4 million debts per year in the UK, by law they are now prevented from: Entering homes when only children are present, Taking household essentials (washing machines, etc), Adding excessive charges
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