This way you can prevent up to 99% of late rent payments

mimislam259

92% of tenants pay their rent on time, according to the latest Housfy Rental report with data from 2023 . Of the remaining 8%, the majority (7%) are delays or returned receipts that are resolved through amicable mediation with the tenant. Only 1% remain delinquent, and legal action must be taken.

Housfy Rental, as a comprehensive rental management platform , is responsible for finding a solvent tenant, resolving any incidents that occur and guaranteeing collection to the owners, who will receive their rental income on time even when the tenant does not pay or is late.

Rent your apartment and forget about worries
0% late payment. We take charge if the tenant does not pay.
GET INFORMED FOR FREE
Defaults would be reduced by 99% with a comprehensive rental Oman Phone Number List management platform
The data that Housfy makes public dazzles that of the entire market. Defaults would have affected 14% of landlords in Spain, according to the OCU study published in December 2023, versus the 1% shown by Housfy's portfolio in the same period.

The same data from the OCU confirm that 11% of landlords had to go to court to claim rents owed or damages suffered. “The importance of having good insurance with sufficient coverage is once again evident,” concludes the OCU.

The advantage that comprehensive rental management platforms like Housfy Rental offer is that they use a rent domiciliation system to guarantee collection to the owner , who receives timely income each month even if the tenant is late. In addition, it manages the rental in its entirety throughout the life of the contract , including the resolution of incidents.

delinquency-rent-study
Recommended reading:   What does the Housing Law say about squatters?
What is the procedure to follow against late payment?
The biggest fear of landlords is late payment (76.4%, according to the OCU) and, to a lesser extent, being able to recover the house in a reasonable time if the tenant does not pay (44.2%).

“Owners who rent on their own are unaware of the processes in case of non-payment or do not have the resources to carry them out,” warns Oriol Payà i Majó. “We are experts in this: we know the legal deadlines and we don't waste time.”

When irregularities are detected, Housfy issues payment to the owner anyway and begins its mediation protocol. The first thing is to understand the reason for non-payment and make it easy for the tenant to find a solution within a reasonable period of time . If the situation is not resolved within 30 days, the relevant judicial procedure begins .




Rent your apartment and forget about worries
0% late payment. We take charge if the tenant does not pay.
GET INFORMED FOR FREE
The keys to the success of low late payment at Housfy
The real estate sector in general recognizes that it needs to enhance the feeling of security of the owners who could increase the rental housing stock in Spain.

Housfy Rental, which manages more than 5,000 rentals throughout the State , has earned the trust of its clients by reducing the default rate from 14% published by the OCU to a residual 1%.