Possession court delays increase financial strain on landlords and letting agents
Original Article Summary
Landlords are still facing long waits and mounting arrears before they can resolve even straightforward cases
PropMatch Curated Analysis
Court possession delays are costing landlords over £10,000 per case in London and South East regions, with some areas experiencing 12-month wait times before the Renters' Rights Act implementation.
Investor Relevance
Critical for cash flow planning and risk management - landlords need to budget for extended void periods and legal costs when dealing with problematic tenants, particularly in London/South East markets where delays are most severe.
Original Source:
Property Industry EyeStay Updated
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