My PM contacted me late last year on hitting the tenant up for a rent increase which I agreed to. Come January the rental receipts state the higher rent figure.
5 months later I change agents due to incompetency on original PM on letting the house fall into bad disrepair. at no time did PM inform me of any rent arrears. A few weeks after PM change, new PM notices the tenants are not paying full weekly rent amount.
Tenants now claim they never received a rent increase letter and will take the matter to the tribunal as they should not have to pay increased rent for the past 7 months.
Is this just bad luck to me or is there a way of recouping the shortfall? New PM can't see any rent increase letter on transferred file. I didn't notice any arrears on the monthly statements (said tenant was in credit).
5 months later I change agents due to incompetency on original PM on letting the house fall into bad disrepair. at no time did PM inform me of any rent arrears. A few weeks after PM change, new PM notices the tenants are not paying full weekly rent amount.
Tenants now claim they never received a rent increase letter and will take the matter to the tribunal as they should not have to pay increased rent for the past 7 months.
Is this just bad luck to me or is there a way of recouping the shortfall? New PM can't see any rent increase letter on transferred file. I didn't notice any arrears on the monthly statements (said tenant was in credit).