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Managing Rent Arrears Training Course
When letting a property, rent arrears can be a cause of great stress to a landlord as the impact of non-payment of rent is immediate and affects both landlord income and profit margins. Whilst many landlords have mortgages in addition to maintenance, insurance and other regular costs, often rent payments will be their main or only source of income.
The course will explore the different ways in which to manage rent arrears should you fall into them, protect against rent arrears and minimising the risk of occurrence. Prevention is better than cure, so it is vital to select the right tenants and then build effective relationships with them to reduce the likelihood of arrears.
Should you find yourself in a situation where rent payments cease, our rent arrears management course 'Managing Rent Arrears' will provide expert knowledge and insight into techniques to settle any dispute outside of court, which is always preferable. However if this is not possible, the course will also guide you through the required legal proceedings and enforcement options for the best chance of recovering outstanding arrears.
- Effective tenant referencing
- Use of guarantors
- Housing benefit
- Record keeping
- Dealing with disputes out of court
- Legal proceedings
After completing this course, you should be able to:
- Select the right tenants to minimise the risk of rent arrears
- Manage arrears effectively to avoid legal action
- Understand the legal process of claiming a debt against a tenant
- New landlords
- Existing landlords with no experience of rent arrears
- Landlords with current outstanding rent arrears
- New letting agent employees
- Existing agents with responsibility for collecting rent payments
Continuous Professional Development
Remember that Continuous Professional Development points (CPD) apply to RLA courses. You can also get CPD points for being a member of the Residential Landlords Association.
We are currently planning additional dates for this course. If you would like to be informed when these are arranged, please click here.
Residential Landlords Association Accreditation Scheme
This course is worth 4 basic CPD points with the Residential Landlords Association Accreditation Scheme
RLAAS is a national scheme who aim to encourage, acknowledge and actively promote good standards and management practice by owners and to assist owners and tenants to undertake their respective responsibilities to each other.
RLAAS is open to all landlords who operate in the private sector, and accreditation is FREE. Members of RLAAS also receive a discount when enroling for a course operated by the Residential Landlord's Association.
To find out more, and what RLAAS means to landlords and tenants across the country, visit the RLAAS website.