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Late Rent Payment - Posting As A Landlord

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My tenants are normally on time with paying their rent. Unfortunately this month they have been having problems with their bank (payment left their account but never hit mine). This means that as of January 23rd the rent still has not been paid and it was due on January 1st.

Any advice on how I deal with this? I know they are trying to resolve this situation with their bank but in the meantime I am out of pocket. Should I charge a fee for being late?

There are no agencies involved in this letting.

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Any advice on how I deal with this? I know they are trying to resolve this situation with their bank but in the meantime I am out of pocket.

There is no legal remedy until they 2 months in arrears.

Should I charge a fee for being late?

No.

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Just to embellish on Mr Crunchs post. He is right, but you can file a DISCRETIONARY ground of Section 8 regarding persistently late rent. However, the above would not qualify. If it was repeated, it may. But entirely up to the judge.

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Guest muttley

Should I charge a fee for being late?

I would have thought you can only do this if it was written into their tenancy agreement.

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  • 301 Brexit, House prices and Summer 2020

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