Posts with tag: landlord evicting tenants

Tenant Evictions at Record High

Published On: May 19, 2015 at 11:19 am

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Categories: Landlord News

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Tenant evictions have soared to a record high of 11,307 in the first quarter (Q1) of 2015, revealed Government data.

Tenant Evictions at Record High

Tenant Evictions at Record High

Most renters facing eviction are in social housing rather than private rental sector accommodation, found the Ministry of Justice (MoJ).

The MoJ’s figures show that 11,307 households in England and Wales were evicted from their rental properties in Q1, an 8% increase on Q1 2014 and the highest number recorded in a quarter since records began in 2000.

According to the data, the rise in repossessions by county court bailiffs arrived after a peak in the amount of claims made by landlords for evictions at the start of 2014, when this number went over 47,200 in Q1 2014 due to the booming rental sector.

The MoJ states that there is a lapse between claims being filed and actual evictions as cases go through the county courts, which has caused the growth this year.

Claims for repossession have since dropped to 42,226 in Q1 2015. It is predicted that landlord evictions will fall in the coming year.

Newly re-instated housing minister Brandon Lewis explains: “There are strong protections in place to guard families against the threat of homelessness. We increased spending to prevent homelessness, with over £500m made available to help the most vulnerable in society and ensure we don’t return to the bad old days when homelessness in England was nearly double what it is today.”1 

The MoJ’s report supports the Council of Mortgage Lenders’ research, which saw a drop in mortgage repossessions by a huge 50%.

1 http://www.lettingagenttoday.co.uk/breaking-news/2015/5/tenant-evictions-reach-record-high

Calls for Quicker Eviction Process

Rumours are mounting that the Government is poised to announce changes aimed at quickening up the eviction process in the private rental sector. The potential changes have been welcomed by landlords, who believe that unnecessary pressure placed on Britain’s courts are causing hold-ups which are resulting in delays.

Speed up

Calls for Quicker Eviction Process

Calls for Quicker Eviction Process

As part of the proposed reforms, some landlords and housing charities have been approached to be present at a Government meeting, where options to speed up the process will be discussed.

No payment

Pursuing legal proceedings against rogue tenants can lead to landlords going for long periods without receiving any rent. Commonly, possession claims in court can last for anywhere between six to 12 months. In the meantime, landlords will receive no income from their property. Furthermore, this can lead to some slipping behind on their mortgage payments, which in turn will negatively affect their credit rating.

Welcome

Managing Director of Landlord Assist, Graham Kinnear said that any changes to the eviction process would be widely welcomed by landlords in their battle against troublesome tenants. In addition, Kinnear suggests that reliable tenants would be rewarded from any amendments to the process, with more choices of property available after rogue tenants have been removed.

Kinnear outlined his views: “We do not feel that there is a real need to alter the grounds of securing a vacant possession or the methods by which a landlord can gain possession of their property.

“What we would like to see is a swifter possession service which will reunite the landlord with their property in a timelier manner. This will help to minimise the losses incurred by many landlords and may even encourage further landlords to enter the market place, which would help to address the current housing shortage in the UK.

“At the same time introducing a swifter eviction process will also support decent tenants looking for rented accommodation as they will be able to replace troublesome tenants much quicker than is currently the case.”[1]

Replacement

Stephen Parry, Commercial Property Director at Landlord Assist, believes that the current housing problem in the UK could be partially solved with the introduction of new changes. Parry emphasises Kinnear’s views, saying that there are a number of fit and proper tenants waiting to replace nuisance renters.

Parry also believes: “Referencing is a key part of the letting process and remains a simple and affordable way for landlords to paint a vivid image of their tenant.”

He continued: “Background checks on tenants are essential and should, as a minimum, include a credit report, plus references from previous landlord and employers. Only with this type of information can landlords be confident that tenants can afford rental payments and meet their tenancy obligations.”[1]

[1] http://www.landlordexpert.co.uk/2014/03/10/calls-for-quicker-evictions-to-help-landlords-and-good-tenants-2/