If you’re a landlord looking to regain possession of your property from a tenant who has failed to pay rent or breached the terms of their tenancy agreement, an accelerated possession order could be the solution. However, it’s important to be aware of the costs involved, including the accelerated possession court fee.
An accelerated possession order is a faster way for landlords to gain possession of their property without a court hearing. It can be used in cases where the tenant has not paid rent, breached the terms of the tenancy agreement, or the fixed term of the tenancy has come to an end. The process involves submitting a completed N5B form to the court, along with the relevant supporting documents.
One of the costs associated with applying for an accelerated possession order is the court fee. The current fee for filing an N5B form is £355, as of September 2021. This fee is payable to the court when submitting the application and must be paid online or by cheque. It’s important to factor in this cost when considering whether to pursue an accelerated possession order.
It’s worth noting that the court fee is non-refundable, even if the application is unsuccessful. This means that if the court refuses to grant the accelerated possession order for any reason, you will not be able to recover the fee you have already paid. Therefore, it’s essential to ensure that you have a strong case before proceeding with the application.
In some cases, it may be possible to claim back the court fee from the tenant as part of the overall costs of the possession proceedings. However, this will depend on the specific circumstances of the case and whether the court deems it reasonable to award costs against the tenant.
If you are successful in obtaining an accelerated possession order, the court fee may be included in the overall costs awarded against the tenant. This means that the tenant will be responsible for reimbursing you for the fee, along with any other costs incurred during the possession proceedings.
It’s important to keep in mind that the court fee is just one of the costs associated with applying for an accelerated possession order. Other potential expenses may include legal fees, service of documents, and any additional court fees that may arise during the course of the proceedings. Therefore, it’s advisable to seek legal advice before proceeding with an accelerated possession application to fully understand the potential costs involved.
If you are considering applying for an accelerated possession order, it’s crucial to weigh up the costs and benefits before taking action. While the accelerated possession process can be quicker and more straightforward than a standard possession hearing, it’s essential to be aware of the expenses involved, including the court fee.
In conclusion, the accelerated possession court fee is an important consideration for landlords seeking to regain possession of their property quickly and efficiently. Understanding the costs involved, including the court fee, can help you make informed decisions about whether to pursue an accelerated possession order. By seeking legal advice and carefully assessing your options, you can navigate the possession process with confidence and protect your interests as a landlord.