How do UK property management companies typically handle tenant arrears and eviction processes, specifically in light of recent legislative changes regarding Section 21 and notice periods?
Quick Answer
Property management companies manage tenant arrears by first using communication and payment plans. If these fail, they initiate legal eviction processes, primarily Section 8, adhering to the current notice periods and preparing for expected changes with Section 21 abolition in 2025.
About This Topic
UK property management companies follow strict legal protocols for tenant arrears and evictions. The abolition of Section 21 in 2025 will increase reliance on Section 8 grounds for possession.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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