Changes to the arrears process
12th May 2021
As of last week, from Tuesday 4 May 2021, Section 8 notices must include details of the debt respite scheme for tenants. The new scheme has a huge impact on the current processes followed by agents and landlords when taking action against rent arrears. If you’re dealing with rent debt, be aware of the changes it will bring.
Anyone who serves a notice using the incorrect Section 8 template runs the risk of having their case rejected on a technicality.
Be aware, if you sent out a notice in the week prior to the change, postal delays could result in your notice not being deemed to be served until on, or after, the 4th May2021 . This means it will be invalid if it does not include the new information, in this event you would need to re-serve the new section 8 notice with the details for breathing space.
Click here to read our previous article about the the debt respite scheme and the effect it has on landlords.
Autumn Budget 2025 – Key Property Points
31st October 2024
As the UK grapples with a severe housing shortage, will new tax policies and a £5 billion spend pledge be…
Employee of the Month – October 2024
16th October 2024
Our employee of the month for October is our Head of Finance – Kayleigh Beal! Kayleigh works extremely hard, with…
House Prices and Consumer Confidence
11th October 2024
Despite the September fall in consumer confidence, levels remain well above the lows of 2022. This recent faltering is likely…