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Our website provides information about the receiver of rent process and aims to answer any questions you may have as a tenant of a property where Redbrick Survey & Valuation Limited is appointed to administer the receiver of rent process.
A receiver of rent is an individual appointed by a mortgage lender to manage a property on behalf of a landlord, and is responsible for collecting rental payments, property maintenance and ensuring the property complies with all relevant safety regulations. A receiver is usually appointed when the landlord has in some way breached their mortgage conditions.
The appointment of a receiver of rent should have a minimal impact on you as a tenant. The receiver will effectively act as your landlord's agent, enabling you to continue to live in the property under the terms of your existing tenancy agreement.