Contract Renewal for tenant with outstanding rent arrears
I have 3 Bedroom Flat which is rented to a tenant residing for more than 5 years there and paying rent regularly . He had lost his job for few months , but now found new job. In that period when he had lost his job there is a rent arrears build up of £1800.00.
Well he is paying his rent regularly every month plus £200 towards his outstanding rent. In two weeks time his tenancy agreement is coming for renewal, I donot want to sign new contract until he pays his outstanding.
My question is how long period can I keep the tenant in my property w/o signing renew contract? his old one is expiring soon.
I thank you in anticipation.
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