Interest on arrears

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  • davidjohnbutton
    replied
    No interest is payable AFTER judgment unless the judgment is over £5000. You can charge interest up to and including the day of judgment at the current county court rate of 8%.

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  • horlicks
    started a topic Interest on arrears

    Interest on arrears

    I have a court hearing on 24 February for possession and a money judgment. The tenant has left the property but still owes money which I expect I will have to chase hard to get back. Assuming I am granted the money judgment am I able then to charge interest at a daily rate until it is paid? If so what is the rate?

    Thanks

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