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Tenancy Debt Recovery

 

Tenancy Debt Recovery

Tenancy debt recovery is an increasing problem in the United Kingdom. Bristol Debt Recovery can assist with your non-paying tenants. Tenancy debt recovery is the fastest growing debt problem in the United Kingdom, landlords are often faced with a confusing and seemingly expensive battle to recover debts incurred by tenants.

Our ‘no win no fee’ 8% – 15% commission on any monies  recovered works well to keep expenditure to a minimum, and start up costs as low as possible. The commission rate varies, the more debts you have the lower the commission rate.

Where tenants have absconded with unpaid rent arrears, outstanding bills or dilapidation issues our specialist agents can help trace and recover debts. The important factors and advise we offer is deal with your none paying tenant at the earliest opportunity. We are often approached by Landlords who have been hood winked by their tenants. Promised payments, tenants promising to make good once they have got behind. STAMP on non-payers is solid advice. Seldom do non-payers come good and bring their tenancy payments up to date. The tenancy debt problem is not isolated to the lower rental costs. From student rentals, commercial tenancies, to high end rentals the non-paying tenant is on the increase.

Our advise is take references and more references. Your Guarantor should be referenced in exactly the same manner as your tenant. If your Guarantor is a ‘man of straw’ disregard them and insist on another. The GUARANTOR should be who you go to if the tenancy goes wrong.

At Bristol Debt Recovery we can provide a range of solutions to assist in tenancy debt recovery.

To find out more about Tenancy Debt Recovery please do get in contact with us on +44 (0)1386 584005 for free no obligation advice