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Kevin Cox: New year presents new challenges for landlords

The private rented sector is already being touched by tenants defaulting on rental payments. But the Christmas and New Year period cannot be bankrolled by tenants not passing on the rent due.

Never has it been more important for landlords to keep a check on their bank statements to see that rental payments have been received on the due date and time. Landlords need to be aware of changes of circumstances of their tenants, and to keep close through regular communication, to nip any late payments in the bud, before they escalate. Read More:

 

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