What happens if my tenant doesn't pay rent?
A professional property manager will liaise with tenants on your behalf to make sure rent is coming in. If you have bought a property with DPN, you will have rental yield guarantee, which provides peace of mind.
We aim to accommodate extraordinary situations resulting in late payments, however, do have a strict arrears management procedure we follow:
1 day in arrears
- Reminder phone call, SMS or letter
8 days in arrears
- Notice to remedy issued with 7 days to remedy breach
17 days in arrears
- Notice to leave issued with 7 days to vacate
We know the legislation and process inside and out which is a big stress reliever for our landlords.
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