An overview of tenant insolvency

This webinar will equip participants with a comprehensive understanding of tenant insolvency, the associated legal rights, and effective strategies for recovering arrears in residential property settings. Participants will learn practical steps to navigate financial distress scenarios and protect their interests as landlords.

Topics covered include:

• Overview of tenant insolvency
• Considerations for landlords dealing with insolvent tenants
• Understanding tenant insolvency: definitions, types (eg, bankruptcy, IVA), legal implications, and signs of tenant financial distress
• Landlords’ rights and remedies: managing arrears pre-insolvency, dealing with bankruptcy, participating in IVAs, and estate administration
• Practical recovery strategies: payment plans, rent deposit schemes, guarantor use, and leveraging insurance or legal expense coverage.
• Case study/practical application: a tenant filing for bankruptcy during possession proceedings