Tenant arrears and bankruptcy
Recently there has been a dramatic increase in the growth and popularity of the rental market. One of the most popular topics is individual debt and the reasons for falling into debt, be it entering the vicious circle of short-term loans, bad debt prioritisation or even wilful default. Landlords should foresee that there may be times when tenants cannot pay their rent and should be practical in their approach to this issue.
This section considers the options available to a landlord if tenants fail to pay their rent and how these rights differ when tenants become insolvent.
This section is maintained by Winston Jacob, Barrister at Lamb Chambers.
Related content
Legislation: Housing Act 1988
Legislation: Insolvency Act 1986
Features: Commercial property law FAQs: conflicts of interest