As every experienced landlord knows all too well, some tenants turn out to be a nightmare from start to finish. For new landlords, however, the stark reality of life as a landlord can prove to be a bit of a shock to the system. So if you want a reality check on how things can (and do) go badly wrong, make sure you watch Channel 5’s ‘Nightmare Tenants, Slum Landlords’.
Last weeks’ show featured three different landlords, all of whom are on the brink of financial ruin as a result of problem tenants.
Dodgy Boilers and Bogus Claims
Franc Coutinho has never had any problems letting out his property in North London, but when his latest tenant moves in, it all goes pear-shaped. The tenant keeps complaining the boiler isn’t working to avoid paying the rent, but when plumbers check it they can find nothing wrong. Eventually the landlord starts the eviction process but the tenant shows up at the court proceedings and files an eleventh hour defence, delaying the eviction and leaving the poor landlord on the verge of bankruptcy.
The Nightmare Begins
A second case features a landlord who has let a property to a family of four, but they haven’t paid much in the way of rent for 18 months, so he is forced to start the eviction process. The third landlord manages to get her problem tenant evicted, but that’s only the beginning of her problems…
Tune in to see how the story ends!
