Campaigners are calling for a swifter and more streamlined eviction process in the buy to let sector, saying that it would encourage more private landlords to enter the market and provide a greater choice of properties for reliable tenants.
The calls come amid speculation that the Government is planning to put measures in place to speed up the eviction process for landlords following concerns that pressure on the courts is leading to delays and landlords and some housing charities have been asked to attend a working party to discuss proposals and possible options on how to tackle the problem.
Launching eviction proceedings against troublesome tenants can result in months without any money for many landlords and some even have to wait for a year without receiving any rent. For some smaller private landlords, this can result in them falling behind with mortgage payments and may have a detrimental effect on their credit rating.
It is likely that landlords would therefore welcome amendments to eviction procedures that would allow them to evict nuisance tenants more quickly and replace them with reliable ones.
In addition, reliable tenants could benefit from a speeded-up process, as a quicker eviction process could encourage more landlords to enter the market, thereby increasing the amount of decent property to rent. There is currently a dearth of good property on the market and many tenants have to pay over the odds to secure something they really want.
However, until the process is accelerated, landlords must take extra care when accepting tenants and the best way to do that is to carry out thorough reference checks, including a credit report, if they want to protect themselves from future problems with rent arrears.
For more information about property law or help with property disputes, speak to the property law solicitors at Mackrell Turner Garrett.
Mackrell Turner Garrett Solicitors in London
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