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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Latest Report Shows How Long and Much to Evict 'Rogues'

30th Jul 2018

According to the Ministry of Justice's latest data, on average landlords in England and Wales have to undergo a period of seventeen weeks before they can finally evict 'rogue' tenants.

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Research carried out by an insurance company shows that once a court application for an eviction has been submitted, it takes an average of 118 days before bailiffs can enter the property and carry out the eviction.

The Ministry of Justice's data highlights that it takes an average of 6.9 weeks before landlords are granted an order for tenants to be notified to vacate the property.

The majority of tenants issued with notices tend to stay put and it then takes a further 3.2 weeks for a possession warrant to be granted. Upon the warrant being issued, there is a further 6.8 weeks before the bailiffs can go in and take back possession of the property, which amounts to a grand total of 16.9 weeks.

The insurance company's study reports that landlords with properties in London were the more likely to undergo the eviction process. The regions where landlords had the lowest number of eviction are the South West, North East and West Midlands.

The MoJs data shows that in the last year only 6,280 of the 21,429 possession claims resulted in bailiff's evictions. The data has been made public for the first time ever and helps landlords become aware of the areas with the most cases of eviction, as the figures are broken down by population and region, and the potential risks they are or could take.

Tom Cooper, of the insurance company, said that in spite of high profile eviction cases grabbing the public's attention, numbers of evictions across the private rented sector is still extremely low, with 0.5% of landlords having to bring the bailiffs in.

He does point out that eviction's legal costs are on average £1,700 to £2,000 and the loss on rental income, repair and maintenance costs will easily far outweigh the landlord's 'judiciary' costs.

Cooper said:"Just looking at lost rent, there are few landlords who can afford to lose up to six months’ worth, the time it takes for a tenant to go into arrears, for them to issue a Section 21 notice, and then for them wait 17 weeks to see the court process through".

The study also found that 27% of failed claims for court orders occurred because proper procedures were not carried out correctly; average insurance payments for eviction support was £4,341.22, which covered loss of income and legal costs.

He finished by saying:"We know that rent arrears are high up on the list of landlord worries. Possession claims by private landlords have risen by 3.5% in the last two years. Over the same period we’ve seen a 61% increase in take-up of rent changes try to mitigate the risk of repossession."

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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/