An average eviction now takes 118 days

35957363-close-up-of-wooden-gavel-isolated-on-white-backgroundAnalysis by the Simple Landlords Insurance Company has found that it takes an average of 118 days for court appointed bailiffs to remove tenants from private homes after a claim is brought to court.

According to researchers, this is the first time the length of the eviction process has been made public.

The study found that landlords in London are the most likely to have to evict, while those in the South West, North East and West Midlands were the least likely to do so.

Key Findings

  • During 2017, private landlords brought 21,439 possession claims to courts in England and Wales;
  • 27 per cent of claims didn’t receive a court order. Many claims are rejected for failing to follow the correct eviction proceedings;
  • The average insurance payment made for eviction support is £4,341.22, which includes legal expenses and lost rent;
  • Landlords in London are more likely to have to evict a tenant.
  • Buy-to-let investors in the capital brought 195.3 claims per 100,000 households last year;

Speaking on the study and its results, SLI Director of Underwriting Tom Cooper, said:

“In 2017 only 0.5 per cent of landlords made a possession claim in court and only a third of those had to go through to the bitter bailiff end. The bad news is that if it does happen to you, it can cost a lot of money – and not just the average £1,700- £2,000 in legal fees” cautions Tom Cooper, director of underwriting at Simple Landlords Insurance.

“Just looking at lost rent, there are few landlords who can afford to lose up to 6 months’ worth –  the time it takes for a tenant to go into arrears, for them to issue a Section 21 notice, and then for them wait 17 weeks to see the court process through.”

 

This entry was posted in Blog, Possession, Regulation, research. Bookmark the permalink.

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