What if a tenant stops paying the rent?
If you follow our advice on selecting tenants, this is unlikely to occur. However, if it does, provided you have obtained satisfactory references on the tenant as we show you, you’ll be totally above criticism. Rent arrears are a risk that the landlord takes, not his letting agent, and you can offer him rental guarantee insurance to cover such an eventuality. In the event of arrears there is a set procedure to follow which is quite straightforward, and fully covered in the training/operating manual.
