RLA Managing Rent Arrears Course

Rent arrears when renting a property can be a Landlords worst nightmare. When a tenant is unable to pay their rent for whatever reason, it immediately impacts on a Landlords income and profit margins.

Many Landlords have mortgages, maintenances, insurances and other regular costs and rely heavily on the income that rent brings. Often rent will be their main or only source of income.

With this in mind, there are several ways to protect against rent arrears which we will explore in this arrears management course. Initially we will look at ways of minimising the risk of rent falling into arrears. After all, prevention is better than cure! Getting the right tenants initially and subsequently building effective relationships with them is key in reducing the likelihood of arrears.

But what to do if payments do cease? Our arrears management course will give you some expert insight into ways to settle the dispute outside of court which, of course, is preferable for the landlord and tenant. However, you need to know what to do if you have no luck trying to rectify the situation by yourself. We take you through the legal proceedings you need to follow and the options of enforcement to give you the best chance of getting those arrears back.