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NLA Rent Arrears

NLA Rent Arrears & Property Repossession

1 in 3 landlords have tenants in arrears

Rent arrears is a serious problem for all landlords throughout the UK.

The problem is likely to get worse.

Coping with rent arrears and any subsequent possession proceedings is one of the most stressful situations a landlord will encounter.

Let us help you:

  • Four stages of assistance available
  • Professional and reputable debt collection and litigation on your behalf
  • Competitive flat fees plus capped commissions on arrears recieved
  • Regular updates on all activities

NLA Rent Arrears provides a structured 'best practice' route to resolving these situations in a timely, reputable and professional manner.

Here's what we'll do on your behalf:

  1. Contact the tenant by phone and letter
  2. Contact the tenant by phone, letter and visiting the property
  3. Serve appropriate notice(s) through the courts
  4. Seek repossession through the courts

All contact with the tenant is undertaken by a specialist debt collection agency, and all litigation is undertaken by solicitors.

How much does it cost?

  Stage 1 Stage 2 Stage 3 Stage 4
  Phone/
Letter
Phone/
Letter/
Visit
Serve
Notice
Repossession
        Standard Accelerated
Flat Fee £23 £52 £115 £390 £265
Commission 9% 9% Other fees apply.
Maximum
Commission Fee
£46 £35

*Subject to landlord (or tenant) providing the necessary information. Prices correct at time of print. Prices include VAT. Prices subject to change. Terms and Conditions apply.

Only available to NLA Members.

Find out more here go

 

 


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