There is nothing more annoying for a landlord than when their tenant that usually pays their rent on time starts going down the slippery slope of not paying on time or even worse not at all. However this is your fault too.
Why My Fault?
Anytime you take on a new tenant at one of your property’s it is your responsibility to set the rules and make sure they agree by them.
With all new tenants there is normally a learning curve, it’s your job to ensure that the time spent on this curve is as small as possible.
Just like all tenants are not the same, not all landlords are the same either, as a rule of thumb just assume that their previous landlord didnt mind late payments. This way you wont be shocked when it happens. Always ensure they know from the start thought that ths is not the way that you opperate.
The first way to make sure that you start of well is to have it clearly in the agreement how late fees will be dealt with. Normally this is a percentage of the rent plus additional cost per day that the payment is not received. Obviously you should include a maximum which he late fee will not go over.
Next is to contact the person and simply state that if payment is not sent within a specific time frame then you will be providing them with a letter which states either pay the rent or you will be evicted.
I’m not a lawyer and I don’t claim to be one so please seek advice on the laws in your area before taking my advice.
Next step to take should you still not receive the money is to deliver the letter demanding that they leave unless they pay immediately. Make them understand that this will affect them from now on when trying to rent.
The final stage if payment has not been received is to issue a letter for immediate eviction. Unless you have legal experience, this is always a job left up to the professionals. If not done correctly this can cause all sorts of trouble.
The only company I could really recommend and whom I still use myself are Learmonts. They have offices in both Glasgow and Paisley so are well suited to someone looking for Letting Agents Glasgow or Flats To let Glasgow. Follow any of those links for more!
