Need advice overdue rent and notice?

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    Need advice overdue rent and notice?

    Hello,

    I have a property,unfurnished and under full management via a lettings agent using a AST.
    I also have a rensure insurance to.

    I have overdue rent from the tenant since Jan 6th 2006, it is know over 14 days overdue and the tenancy expires march 25th 2006.

    I had to find out via my agent Why I had not received any rent, I was told that the tenant was stating being ill and has no money and standing bank orders have been canceled.

    I was told the tenant wanted to pay in bits. I informed via my agent that I will give 1 more week for the overdue rent to be settled in full, or I will have to take appropriate action.

    My AST states that I the rent must be paid to date and if overdue more then 14 days, I have the right to re-enter the property and cancel the aggreement.

    So I'm now waiting for the 1 week period to end to see if the rent is settled, I also if informed my agent that I will not be renewing the agreement.

    Do I need to serve a section 21 notice?
    D I need to serve section 8 notice?
    My agreement states I must not have contact with tenant so will my agent serve this?
    If not,how can I obtain the forms?
    Do I end the tenancy, who pays the fees lost of full management.
    Theres has been a breech in agreement for tnt not paying.

    I have rent insurance. PLease kindly explain what I should do as very soon I will be with in the 2 month notice period.

    I cant see anything being paid if standing orders are cancled, I know the tenant is a professional in the city working for law firm.

    Please advise what I should do, my agent wont get involved with tenant matters, only the property it self.


    Regards
    Alien1x

    #2
    Originally posted by ALIEN1X
    Hello,

    I have a property,unfurnished and under full management via a lettings agent using a AST.
    I also have a rensure insurance to.

    I have overdue rent from the tenant since Jan 6th 2006, it is know over 14 days overdue and the tenancy expires march 25th 2006.

    I had to find out via my agent Why I had not received any rent, I was told that the tenant was stating being ill and has no money and standing bank orders have been canceled.

    I was told the tenant wanted to pay in bits. I informed via my agent that I will give 1 more week for the overdue rent to be settled in full, or I will have to take appropriate action.

    My AST states that I the rent must be paid to date and if overdue more then 14 days, I have the right to re-enter the property and cancel the aggreement.
    Definitely Not.

    So I'm now waiting for the 1 week period to end to see if the rent is settled, I also if informed my agent that I will not be renewing the agreement.

    Do I need to serve a section 21 notice?
    Yes

    D I need to serve section 8 notice?
    When the rent is 2 months overdue

    My agreement states I must not have contact with tenant so will my agent serve this?
    If not,how can I obtain the forms?
    Here http://www.letlink.co.uk/GeneralInfo/Statutes.asp

    Do I end the tenancy, who pays the fees lost of full management.
    Theres has been a breech in agreement for tnt not paying.

    I have rent insurance. PLease kindly explain what I should do as very soon I will be with in the 2 month notice period.

    I cant see anything being paid if standing orders are cancled, I know the tenant is a professional in the city working for law firm.

    Please advise what I should do, my agent wont get involved with tenant matters, only the property it self.
    I dont know anything about rent insurance.


    Regards
    Alien1x
    I dont know anything about rent insurance.

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