owe

If it takes longer, you could face a fine, or be charged interest on the amount you owe.

Some will face higher stamp duty bills owing to the changing thresholds.

Despite the money being owed by people remaining the same, the companies that own the debt can then sell them for less and less money.

Ms MacVicar feared that if a criminal confiscation order was granted, the remainder of the cash owed would have gone to the Treasury.

If you do take advantage of the new rules, you must pay back the rent you owe.