Tenant not paying on time/in full

Balabalabala_and_Volare

Did you struggle when initially letting this property? (Might explain the low rent). How long are properties void in the area? (check Rightmove). Not much use increasing the rent if it results in a 3 month void. You seem to have a good enough relationship with the tenant, so why not meet up and have a chat about the best way forward for both of you? There are far worse tenants who will cost you far more that the LHA difference very quickly. Maybe the devil you know........

jamels2

No didn't struggle letting it there's a high demand in the local area which is a reason I feel I could easily get more rent. For example I could get 150 more a month which would cover the cost of an estate agent doing the managing of it instead of me having direct contact with tenant. Local EA said I am subsidising my tenant. But I take your point about better the devil you know.

Crashy_Time

jamels2 wrote: »

No didn't struggle letting it there's a high demand in the local area which is a reason I feel I could easily get more rent. For example I could get 150 more a month which would cover the cost of an estate agent doing the managing of it instead of me having direct contact with tenant. Local EA said I am subsidising my tenant. But I take your point about better the devil you know.

Mmmmmm...only way to find out is to raise it I suppose, and you have already done this?

Geordielad

You could get £150 more a month. I think you've answered your own question.

Thrugelmir

Come to a reasonable arrangement with the tenant for the arrears to be paid and the account to be brought up todate. As has been said earlier. You are running a business. Only time will tell if the tenants financial issues are temporary or permanent. Maintaining a good working relationship is worth the effort.

elsien

jamels2 wrote: »

Thanks for advice it appears this particular tenant may not be the easiest to evict for a number of reasons.
First if she's struggling with rent lower than market rate how will she find somewhere else and also find a deposit.
Second she has children and pets.
Third she may feel she has invested in the property as it's unfurnished so has provided all her own white goods and furniture.
So it might be better to let them remain and increase the rent in small amounts.

She hasn't invested in the property. She has bought her own furniture which she may be required to take with her if/when she leaves.

45002

jamels2 wrote: »

Got a long term 3+years tenant who has been paying late recently (says due to pay day changing) but is also slightly in arrears. The rent level is low and hasn't changed since she moved in.
the flat is unfurnished and I don't have any middle man taking commission so i receive the full rent.
However it is £90 less than the lha allowance for the area. It appears to me the tenant doesn't claim anything from the council and tries to manage the bills by working or help from father.
So wondering how to proceed with this tenant.
Any advice? Should I change the rent date? By doing this I doubt she could pay the extra week /two weeks to get up to date. Should I make her aware of the lha rate? Should I expect her to claim from the council to meet the rent?
It is obvious she wants to remain as every time I have mentioned potentially having to sell the place she goes silent and ignores calls or messages.
On the other hand if she isn't too demanding and keeps the place in an ok condition should I be lenient?
Many thanks for advice.

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