Rent Receivership leaflet received by tenant

saraht28

Hi,

I know this is technically not money saving but I was wondering if anyone has been through this situation recently.

Today I arrived home to a letter for the attention of 'the occupier' of the flat I am renting. The letter was brief and all it told me was to read the enclosed leaflet and provided a contact name and telephone number.

The enclosed leaflet was titled "Law of Property Act Rent Receivership - a tenant's guide" and in summary basically says that there has been someone appointed to intercept and apply rental payments to their borrowers (ie my landlord) mortgage and the receiver is now my first point of contact about the property not my landlord.

Because the information is so basic - ie no reference to who my landlord is I am very suspicious about this. Should I be? Is this the common practice when a landlord goes into rent receivership?

I've been in the flat only 2 months, so have some time to play with as I am protected under my tenancy agreement for a few months yet.

Obviously I will get in touch with my landlord (or rather his solicitor who manages his property) tomorrow and will probably give CAB a call before calling the number on the letter. Is there anything else I should do? Or can anyone provide any advice about my next course of action?

Many Thanks

Sarah

poppysarah

Sounds Well dodgy!
Do let us know what CAB say

zzzLazyDaisy

I'd be very suspicious. There is such a thing as a 'Law of Property Receivership', but 'Rent Receivership' is an American term.

In any case, I'd expect the letter to be addressed to you personally and state the name of the landlord since, if a receiver is appointed, the landlord would have to surrender relevant documents such as tenancy agreements.

The solicitor who manages the property will be able to provide more information, but if this IS a scam, remember to report it to your local Trading Standards Office.

saraht28

Thanks - nice to get some reassurance that my suspicions are well founded ! I guess I will find out more in the morning when I can make some calls.

Would still be interested to hear from anyone whose landlord has defaulted on their mortgage so I know what the proper process it is correct.

SouthCoast

I guess that your landlord has gone bankrupt and that a receiver has been appointed to collect the rents due.

A £3 search at the Land Registry should reveal more.

saraht28

After doing some more searches on this site I'm concerned again (landlord repossession gave me lots of info). Other posters have had similar letters addressed to the occupier which has led to repossession orders. Will be making many calls tomorrow morning (Shelter is on my list now as well)

zzzLazyDaisy

If the house has been repossessed, provided the lender had approved the tenancy (eg it was a buy to let mortgage) then the lender will be bound by the tenancy agreement.

Do let us know how you go on.

tsstss7

if you go to the official recievers web site you can do a search for your LL name to see if he has gone bankrupt recently.

http://www.insolvency.gov.uk/bankruptcy/bankruptcysearch.htm