Good tenant stopped paying rent

HappyMJ

rdwarr wrote: »

Thanks again for the support and advice. My wife has been down to the agent this morning (rather than just talk on the phone). Contract is indeed an AST with a two-month notice clause.
Tenant paid £300 yesterday afternoon but there will be a letter in the post to him today giving him a month to pay the arrears (currently £600) or else.
If I can get anything back from him then I'll increase the rent with him still there. Otherwise, once he's gone, I'll remortgage to do the place up (£10k should be fine) and it will go back on for £700ish (probably without an agent).

You can issue a Section 21 notice now but not actually use it if the rent account is brought up to date in the time frame you've proposed. A Section 21 notice will give him 2 months notice. The Section 8 notice on rent arrears grounds will give him 2 weeks notice. If you wait the month that you are proposing before issuing the notices you will be waiting an additional month before you can start court proceedings.