Problem Tenant in Northern Ireland

duggan1

The landlord could reduce the rent or find another tenant who can pay.

qwert_yuiop

ballyblack wrote: »

What happens then if the benefit is cut or reduced?, the landlord is left losing out

Two choices. A) Take it Leave it.

No business has a guaranteed level of profitability. One that rides exclusively on state subsidy would seem to have fewer risks than most.

Cotta

qwert_yuiop wrote: »

Two choices. A) Take it Leave it.

No business has a guaranteed level of profitability. One that rides exclusively on state subsidy would seem to have fewer risks than most.

You don't like Landlords?

qwert_yuiop

Cotta wrote: »

You don't like Landlords?

Just that very little in business goes all your own way. For instance,
I have some customers that I know now will never pay me.
As long as you can do well most of the time and that outweighs the reversals.

There was a lot of hype some years ago about the easy money to be made in residential property letting, which turned about to be not entirely correct. Remember the good old days when we were young, when if someone didn’t like their house, they just sold it, the only question being how much profit they’d make?

Old_Git

ballyblack wrote: »

What happens then if the benefit is cut or reduced?, the landlord is left losing out

These days Housing benefit rarely covers the full rent .Tenants usually have to pay a top up .

I know two tenants who pay top up .
Mr H gets his housing benefit paid direct to the landlord .His topup is £16.50 per week .
Mrs H gets her housing benefit paid to her.Her top up is £30 per week.