When you have more than one tenant in your property – whether that’s a couple, two or more friends, or an HMO house share – there’s always the possibility that one of them might leave. A couple may split up, friends might fall out or their financial or other personal circumstances could change during the tenancy, meaning the property is simply no longer suitable or affordable. While some...
If you’re a landlord over the long term, the reality is that you’ll probably have a tenant default on their rent at some point. They may simply have forgotten to make payment; it could be a bank error, or they might be in financial difficulty and having trouble making ends meet, or they could be deliberately withholding payment. Generally speaking, tenants falling into serious arrears, where...
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