Interest on Rent Arrears

You are here : Member Forums Tenancy Types and Management Interest on Rent Arrears
This topic has been locked as no posts have been made within the last 90 days.
D
Dynamite
430 Posts
8 Thanks
Providing that the tenancy agreement allows for it, interest may be charged on rent arrears. Be careful that you do not quote too high an interest rate, otherwise the clause in your tenancy agreement will be deemed unfair under the Unfair Terms in Consumer Contracts Regulations 1999. Remember that if you apply for judgement in the county court for rent arrears, you may charge interest then.
23/05/2008 00:00

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Landlord & Investment Show
Martin Co
Envirovent
Landlord Broadband

Share this page