Letting Agency not paying guaranteed rent

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For one of my rental properties that is let on a fully managed basis and that has a guaranteed rent promise until March 29, the letting agent are now 6 months behind with the rental payments. Three years guaranteed rent was part of the deal offered when I purchased that property.

I am aware that as they are in breach of contract I can inform the current tenant that no further payments should be made to the current letting agent and I will transfer management to another letting agent, but this won't address the rental payments that are still outstanding .

Would I be correct in thinking that my only recourse to get the outstanding money back would be take the current letting agency to the small claims court for the amount outstanding?

Kind Regards


06/01/2019 12:31

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