Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
The second series of ‘Nightmare Tenants, Slum Landlords’ has already revealed victims and villains from both sides of the buy-to-let battlefield, but this week sees Landlord Action helping a landlord in more than £24,000 mortgage arrears after his lodgers turn on him.
The leading story for the fifth episode, due to air on Wednesday 6th April, follows a once live-in landlord who had to move abroad for work. He left the lodgers he had been sharing his home with in charge, thinking they would take care of his property. Unfortunately, shortly after his departure, the lodgers stopped paying rent. One year later and £24,000 in mortgage arrears, the landlord is seen in danger of having his house repossessed by the bank and even worse, no longer feeling safe in his own home as one of his lodgers threatened his partner.
Forced to seek refuge at his partner’s home, the landlord tries to sneak back to the property at night to collect some clothes, which does not go well. Out of his home and out of options, the landlord contacts eviction specialist Landlord Action, but as always, there are two sides to the story.
It has become increasingly common in London for people to rent rooms to lodgers as a great way to earn extra cash to help pay the mortgage and support other financial expenditures. However, like any share service, it isn’t without risk and something we felt important to highlight. The landlord thought he could trust the people he had been living with to look after his home in his absence, in the same way as when he was there. However, being a live-in landlord on hand to take care of maintenance issues is very different to trying to do so from another country. Any landlord who has to move abroad should have in place a fully managed property service and where applicable, an HMO licence. Without the proper provisions in place, landlords run the risk of tenants collectively refusing to pay rent.
We can also be seen in another rent arrears case on the same episode helping landlady Ming Li. She is owed almost £12,000 in unpaid rent for her apartment overlooking the Thames in London’s affluent Canary Wharf. When the tenant couldn’t pay the rent, Ming felt sorry for her and tried to help but with no more rent forthcoming, Ming herself could no longer afford to subsidise her tenant’s luxury lifestyle and penchant for designer clothes. Ming has no choice but to evict her, but when she gets in there’s one more surprise.
Watch this gripping episode on hit series ‘Nightmare Tenants, Slum Landlords’ this Wednesday 6th April on Channel 5 at 9pm.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More