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Understanding The Costs Of An Accelerated Possession Order

When it comes to renting out a property, landlords may face various challenges, including dealing with difficult tenants who refuse to vacate the premises even after their tenancy has ended In such situations, landlords may need to seek an accelerated possession order to regain possession of their property promptly However, it is essential to understand the costs associated with obtaining an accelerated possession order to avoid any surprises along the way.

An accelerated possession order is a legal process that allows landlords to quickly regain possession of their property without the need for a court hearing This type of possession order is typically used when the tenant has failed to leave the property after receiving a valid notice to quit or has breached the terms of their tenancy agreement.

One of the primary costs associated with obtaining an accelerated possession order is the court fees Landlords need to submit an application to the court along with the required documentation, such as a copy of the tenancy agreement, notice to quit, and evidence of rent arrears The current court fee for obtaining an accelerated possession order is £355 as of 2021 It is important to note that these fees are subject to change, so it is best to check the latest fees with the court before submitting an application.

In addition to court fees, landlords may also incur legal costs if they choose to hire a solicitor to handle the accelerated possession order process on their behalf Solicitors’ fees can vary depending on the complexity of the case and the solicitor’s hourly rate Landlords should consider obtaining quotes from several solicitors to compare costs and services before making a decision.

Another cost to keep in mind is the cost of serving the necessary notices to the tenant accelerated possession order cost. Landlords must serve a valid notice to quit or a Section 21 notice before applying for an accelerated possession order The cost of serving these notices may include postage fees or hiring a process server to deliver the notice in person if the tenant is difficult to reach.

It is also essential for landlords to consider the cost of enforcement if the tenant refuses to leave the property even after an accelerated possession order has been granted In such cases, landlords may need to apply for a warrant of possession, which authorizes bailiffs to evict the tenant forcibly The current fee for applying for a warrant of possession is £121 as of 2021 Landlords should be prepared for this additional cost in case the tenant does not comply with the court order.

Overall, the costs of obtaining an accelerated possession order can quickly add up, especially if the case becomes more complex or requires multiple court proceedings Landlords should carefully consider these costs and budget accordingly to avoid any financial strain during the process.

In conclusion, understanding the costs associated with obtaining an accelerated possession order is crucial for landlords who are dealing with difficult tenants By being aware of the court fees, legal costs, notice serving expenses, and enforcement costs, landlords can better prepare themselves financially for the process It is recommended to seek professional advice from a solicitor specializing in landlord and tenant law to navigate the accelerated possession order process smoothly and efficiently.

By taking the necessary steps to understand the costs involved and seeking expert guidance, landlords can effectively regain possession of their property and protect their investment in the long run.