Are your tenants in arrears, leaving you in financial difficulties?

Due to the ongoing covid-19 pandemic, private renters are building up arrears leaving landlords without income and in many cases huge debt piles. A research carried out by National Residential Landlords Association revealed that 7% of private renters have built up rent arrears since the start of lockdown in March 2020 and the total number of households in rent arrears has doubled.

On average, tenants would occasionally be unable to pay one or two months rent totalling in rent arrears of up to £500. Since the pandemic, one in five renters owe their landlords over £1,000. With repossessions banned and no rent income in sight, many landlords are therefore struggling to cover their own bills awaiting support from the government.

We are aware that many landlords are still paying off their mortgage, which is why it is vital to plan ahead and seek support as soon as possible.

How can we help?
We are fully regulated by the FCA and we have an incredible team who are here to help you today with any of the issues that might concern you with regards to this topic and any other matters related to your debt position.

If you have any queries in relation to anything in this piece or need some additional questions answered, our office would love to hear from you today.

We know what is expected and how to get you to where you want to go.

In short, we WANT to hear from you today and we want to HELP YOU MOVE FORWARD.