It follows recent data released by the NLA showing a fifth of private-residential landlords had tenants in rent arrears during Q2 2010. Whilst one-third of landlords had never sought to end a tenancy, the survey found 23.3 percent of had because of anti-social behaviour by tenants.
Landlords reported in 57 per cent of possession cases the tenants took less than three months to move out, while 81 per cent of cases were resolved within five months.
David Salusbury, Chairman, NLA, commenting on the research results, said:
"Gaining possession can be very costly for landlords, especially when it is related to rental arrears. Many landlords have mortgages to pay on top of the expense of gaining possession. One-third of landlords have reported paying between £250 and £1,000 to have tenants removed. This amount is often compounded by late rent payments."
NLA Rent Arrears is a cost-effective service to help resolve rent arrears' issues or undertake possession proceedings. Specialists will act as a mediator between the landlord and tenant in order to collect outstanding rent or seek possession through the courts.
Alternatively, landlords can take out NLA Rent Guarantee Insurance which covers up to £2,500 per month for unpaid rental income if the tenant falls into rent arrears.
