3+ months late rent

allBlighty

steampowered said:

I'd evict the tenant ASAP.

After you have evicted the tenant, you could sue them for the outstanding rent through the county court system. However, if the company has no assets, a court judgment is not very useful. The fact that this company has no online presence suggests you might find it difficult to find any assets to enforce a court judgment against. Unless you are aware of some assets, e.g. a warehouse, I'd be tempted to cut your losses.

Check your paperwork to see if you got a personal guarantee signed by the directors - worth checking.

We've given a notice to quit, which gives the carpentry company a month to leave.
I doubt that the company has many assets, although I remember seeing some where that they have ~£1000 in assets. Can't remember where I saw that. 
I don't think that there was any personal guarantee, but I'll have to check still.

allBlighty

Crashy_Time said:

They are probably just taking their three month rent holiday, the government advice at the start of this deliberately led people to the conclusion that they would be financially looked after (although the schemes that have probably paid out a fraction of the money promised are now being scaled back) Unlikely that a carpentry business is making any money just now.

I'm not too sure about that because they stopped paying back in January before business more or less would have stopped for them. 
Still I'm not sure as the carpentry company don't seem to be making to much of a effort to communicate the issue / the letting agent may not be passing on all the information to us (which has happened in the past)

Crashy_Time

allBlighty said:

princeofpounds said:

If the company is listed on Companies House it exists, at least in a legal sense.

There is no rule that companies must have an online presence. Many don't, actually, because many companies are set up as legal structures, not necessarily to interact with customers. Don't think about a company as a shop or a factor or an office; it's just a legal entity.

There may be something dodgy about them, but probably not - my guess is that this is a one-man band (or near enough) who works as a sub-contractor and has a Ltd company to conduct his business through. He probably would find it harder to get rentals through a standard AST route as his apparent personal income is not that high, so chooses to rent via his business.

Hopefully it is a genuine company, I did recently get an email from a neighbor saying that many men lived in the house (more than one per room) on and off with many coming and goings. I guess these men may work for the company.

We given a notice to quit, so I guess they will leave soon enough. I'm more worried about reclaiming the lost rent though. I'll need to work out first if a lawyer is worth it. 

For three months rent? No way IMO.

Crashy_Time

allBlighty said:

Crashy_Time said:

They are probably just taking their three month rent holiday, the government advice at the start of this deliberately led people to the conclusion that they would be financially looked after (although the schemes that have probably paid out a fraction of the money promised are now being scaled back) Unlikely that a carpentry business is making any money just now.

I'm not too sure about that because they stopped paying back in January before business more or less would have stopped for them. 
Still I'm not sure as the carpentry company don't seem to be making to much of a effort to communicate the issue / the letting agent may not be passing on all the information to us (which has happened in the past)

Yes, because they have a (hopefully) one off opportunity along with the rest of the people who don`t like paying bills to drag their heels and know that not very much will happen, another reason IMO that the government are going to try and get out of "lock-down" sooner rather than later.

allBlighty

Crashy_Time said:

For three months rent? No way IMO.

Okay, that seems fair.
I think by the time they will probably leave it will be towards 5 months unpaid rent so maybe under £5000.
It's quite alot but if a lawyer will cost even more there won't be any point trying

Comms69

allBlighty said:

Crashy_Time said:

For three months rent? No way IMO.

Okay, that seems fair.
I think by the time they will probably leave it will be towards 5 months unpaid rent so maybe under £5000.
It's quite alot but if a lawyer will cost even more there won't be any point trying

Ok i'm going ask once more - What is the name on the agreement???

babyblade41

I think you are muddling (or someone is) private residential and commercial .. Totally different .

The name on the contract and what contract do you have,  The letting agent either manages the property and collects the rent on your behalf or they don't.

It seems odd that due diligence wasn't done well before the tenancy began plus references as well 

allBlighty

Comms6Comms69 said:

allBlighty said:

Crashy_Time said:

For three months rent? No way IMO.

Okay, that seems fair.
I think by the time they will probably leave it will be towards 5 months unpaid rent so maybe under £5000.
It's quite alot but if a lawyer will cost even more there won't be any point trying

Ok i'm going ask once more - What is the name on the agreement???

9 said:

allBlighty said:

Crashy_Time said:

For three months rent? No way IMO.

Okay, that seems fair.
I think by the time they will probably leave it will be towards 5 months unpaid rent so maybe under £5000.
It's quite alot but if a lawyer will cost even more there won't be any point trying

Ok i'm going ask once more - What is the name on the agreement???

I rather dm you if possible, because I don't want to give the company a bad rep

allBlighty

babyblade41 said:

I think you are muddling (or someone is) private residential and commercial .. Totally different .

The name on the contract and what contract do you have,  The letting agent either manages the property and collects the rent on your behalf or they don't.

It seems odd that due diligence wasn't done well before the tenancy began plus references as well 

Yup, it's definitely a commercial let, it's clearly on the contract.
The letting agent does everything, collects the rent and did the checks when they first applied for the house.

Thrugelmir

Crashy_Time said:

allBlighty said:

Whoops, guess I explained that rather poorly.
I'll start again.

We own a house in Swindon which we purchased back in 2016.
A letting agent found someone to let out the house to. The house is let out via a company lease not the regular assured shorthold tenancy.

The company is a carpentry business. 
Interestingly enough, the company (carpentry guys) don't have any sort of online presence. I'm sure it would be very difficult to get much business without any sort of online presence these days.
This has made me think that perhaps the carpentry company is not genuine.

So the main issue, which I'll word(hopefully) better is as follows.
The carpentry company have not been paying since the start of the year. Despite much attempt from the letting agent to get the carpentry company to pay the rent arrears, nothing has happened. 
The carpentry company often would pay the rent one month late. Not really relevant but just thought it would be good to add.

As we rent a house in Bath, we are starting to feel the financial pinch. Because of this we plan to move to Swindon and live in the house (where the carpentry company is).

We have given a notice to quit to them as we can no longer afford this.  
After they leave, how can we get back the rental arrears.


Hopefully this makes more sense 

I hear the drugs trade has been quite disrupted lately....only kidding...kind of........

County lines is still fully functioning.  With vehicle movements easier to spot.  Dealers have resorted to using kids
masquerading as Deliveroo.........