{"id":4519,"date":"2025-10-14T16:05:11","date_gmt":"2025-10-14T16:05:11","guid":{"rendered":"https:\/\/second-home.uk\/?p=4519"},"modified":"2025-10-14T16:05:11","modified_gmt":"2025-10-14T16:05:11","slug":"agents-urged-to-act-on-arrears-before-renters-reform-bill-passes","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=4519","title":{"rendered":"Agents urged to act on arrears before Renters\u2019 Reform Bill passes"},"content":{"rendered":"<p>Letting agents are being urged to focus on arrears management in light of the Renters\u2019 Rights Bill returning to the House of Lords today.<\/p>\n<p>The legislation will extend the eviction threshold in England for tenant arrears to three months before an eviction notice can be issued, up from the current two months.<\/p>\n<p>Dr Neil Cobbold, commercial director at Reapit, said: \u201cWith the Renters\u2019 Rights Bill set to extend eviction timelines, agents who don\u2019t act immediately on arrears could find themselves stuck, struggling to collect late rent, incapable of evicting, and unable to give landlords the assurance that they\u2019ll be able to take legal possession of their properties within a reasonable time of tenants defaulting.<\/p>\n<p>\u201cThat\u2019s why automation and early intervention are essential strategies with managing arrears for any agency that wants to protect their income and grow their landlord portfolio.\u201d<\/p>\n<p>Current court delays mean landlords already wait on average 27.9 weeks to repossess a property from the point an eviction notice is served.<\/p>\n<p>The average rent loss per property where someone is being evicted is \u00a312,708 across the UK, <a href=\"https:\/\/www.propertywire.com\/news\/bailiffs-not-allowed-to-use-reasonable-force-in-evictions\/\" target=\"_blank\">rising to \u00a319,223 in London<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Letting agents are being urged to focus on arrears management in light of the Renters\u2019 Rights Bill returning to the House of Lords today. The legislation will extend the eviction threshold in England for tenant arrears to three months before an eviction notice can be issued, up from the current two months. Dr Neil Cobbold, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4520,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Agents urged to act on arrears before Renters\u2019 Reform Bill passes - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/agents-urged-to-act-on-arrears-before-renters-reform-bill-passes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agents urged to act on arrears before Renters\u2019 Reform Bill passes - Second Home\" \/>\n<meta property=\"og:description\" content=\"Letting agents are being urged to focus on arrears management in light of the Renters\u2019 Rights Bill returning to the House of Lords today. The legislation will extend the eviction threshold in England for tenant arrears to three months before an eviction notice can be issued, up from the current two months. Dr Neil Cobbold, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertywire.com\/news\/agents-urged-to-act-on-arrears-before-renters-reform-bill-passes\/\" \/>\n<meta property=\"og:site_name\" content=\"Second Home\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-14T16:05:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/10\/shutterstock_2293944717.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"662\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/agents-urged-to-act-on-arrears-before-renters-reform-bill-passes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=4519\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/#\\\/schema\\\/person\\\/4d1b4955add7c14742a3be9aaae12292\"},\"headline\":\"Agents urged to act on arrears before Renters\u2019 Reform Bill passes\",\"datePublished\":\"2025-10-14T16:05:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=4519\"},\"wordCount\":195,\"image\":{\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/agents-urged-to-act-on-arrears-before-renters-reform-bill-passes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/second-home.uk\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/shutterstock_2293944717.jpg\",\"articleSection\":[\"Second Home\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=4519\",\"url\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/agents-urged-to-act-on-arrears-before-renters-reform-bill-passes\\\/\",\"name\":\"Agents urged to act on arrears before Renters\u2019 Reform Bill passes - 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