Landlord Assist, the nationwide tenant eviction and rent collection firm are very busy as it is reported that rent arrears have now passed the £250 Million mark in England and Wales whilst 560,000 tenants are behind with their rent.
Graham Kinnear, MD of Landlord Assist details "This year has broken all of our records both in terms of the number of Clients we have acted for and the amount of rent that we have been collecting for Landlords"
Stephen Parry of Landlord Assist confirms the position "The recession has meant that rental receipts for landlords have been that much more difficult to collect and as a result there has been an increase in the number of tenants being evicted due to non payment of rent"
One area where landlords can reduce the chances of default by the tenant is through the referencing of the prospective tenant before they get the keys to your property.
Landlord Assist started a tenant referencing service eighteen months ago and has seen it grow enormously over that period. Kinnear continues "Our express tenant referencing service costs £9 plus VAT and is used by a good number of landlords and letting agents throughout England and Wales. We have averted near certain disaster on numerous occasions by uncovering false applications, forged payslips as well as receiving less than flattering responses from previous landlords."
Philip Lafferty of KLP Solicitors in Central London agrees "Many of the Clients we speak to about rent arrears and possession claims relate to tenants where pre tenancy referencing was not carried out"
Landlord Assist provide free, no obligation, initial advice on 08707 662288 or via their website on www.landlordassist.co.uk
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