4 month wait to evict problem tenants – new research from our sister company
A new study has found it takes an average of 118 days for court appointed bailiffs to remove problem tenants – leaving letting agents or landlords without rent for 4 months.
On top of that are legal fees, the time, hassle and complications of bringing the case to court, disruption to other tenants, and possible damage to the property.
Simple Landlords Insurance – our sister company – conducted new analysis of Ministry of Justice figures, and found it took an average of 16.9 weeks from claim to bailiff eviction in the first quarter of 2018, costing an average of £4,341.22 all in.
It’s the first time that the length of time it takes to evict through the court system has been made public – and it’s been broken down by region and population density so letting agents and landlords can see exactly what level of risk they face in each area of England and Wales.
London is the region where you’re most likely to have to evict, while those in the South West, North East and West Midlands were least likely to have to go all the way to court.
A total of 21,429 possession claims were brought to court last year, of which 6,260 ended in eviction by bailiff.
Tom Cooper, Director of Underwriting at Simple Landlords Insurance and Maras, says: “The good news for everyone is that in 2017 only 0.5% of landlords made an eviction claim in court. And only a third of those had to go through to the bitter bailiff end.
“The bad news is that if it does happen to you or one of your landlords, it can cost a lot of money. We wanted to get a more realistic idea of the impact of the process in terms of lost income, inconvenience, and ongoing legal fees in the worst and longest case scenarios.”
Take a look at the key findings and regional evictions map here.
Simple’s resident blogger Carl Agar – from letting agency Big Red House – said: “If margins are tight a decent rent guarantee policy really is key. Letting agents need to make sure their own insurance is up to scratch to deal with these cases, and that any landlords they work with who aren’t fully managed are aware of both the risks and other insurance options available to them.”
His advice is also to get really familiar with eviction processes, and follow procedure to the letter: “This research shows that 27% of claims didn’t receive a court order. Many claims are rejected for failing to follow the correct eviction proceedings. Letting agents and landlords need to know the details of both Section 8 and Section 21 notices, and how they should be properly served.”