x
By using this website, you agree to our
use of cookies
to enhance your experience.
SEARCH
Search
STAY
CONNECTED!
Sign in
Sign in
New here? Sign up
Feedback
My Account
Feedback
Sign out
×
Make Today's Website as home page
Menu
Estate agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Letting agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Landlord today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Investor today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Introducer today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Jobs Today
Home
Find a Job
Search Recruiters
Recruiters
New
Alex's
Personal Profile
View my company profile
Alex Cook
576
Profile Views
About Me
Send message
View company profile
Follow all comments made
my expertise in the industry
Alex's wall
Alex's
Recent Activity
This is unclear and potentially misleading. Whether or not there’s an increase in arrears there will be an increase in claims. Why? Even if coronavirus hasn’t led to an increase in T’s not paying rent the mere fact that claims have not been possible for months means there’s a backlog. That’s based on the natural run rate of pre covid 19 claim levels. On that basis alone there are over 30,000 claims waiting to be issued and that’s if Covid has caused no additional claims whatsoever. The message should be a simple one- only c.2% tenancies require a claim and only c.35% claims are pursued by the PRS (the rest/majority by housing associations and local authorities). There WILL be an increase in claims but that’s because for 5 months there haven’t been any. Usually there are c.25,000 per quarter even though the number has been falling for years. In August-December the courts will have to process all the backlogged claims waiting for those 5 months AND the natural run rate of claims that would always have been necessary even w/o Coronavirus. And it’s that volume that will create issues and cause claims to surge. Mostly this will be a problem, ironically, for housing associations as they issue c.60-65% claims anyway, as above. Alex Cook- Helix Law
From:
Alex Cook
12 August 2020 13:25 PM
Lorem Ipsum dolor sit amet
Viewed From: Breaking News
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Video Archieve
Today 14:58
Portal Discussions
Joined Group From: Your Community
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Conversation Comment in: Interior Design
Today 14:58
×
Send a message
Message
×
Write on Wall
Message
×
Send a message
Reply to:
Message
Breaking News
Gove hits back at critics after Renters Reform Bill wins key vote
PropTech feature will help eviction process under Renters Reform Bill changes
More tenants borrowing to fund deposits on next property - claim
Rental market back to normal in Prime Central London says agency
Agents proud of the industry…not so keen on the system
Cheaper to buy than rent in every major British city - Rightmove
Extraordinary 200 amendments to Renters Reform Bill in Commons today
Propertymark not giving up on the Regulation of Property Agents
Foxtons’ internal lettings data shows market returning to normal
New Holiday Lets booking system rivals hotels, says supplier
Alex's Recent Activity
From: Alex Cook
12 August 2020 13:25 PM