BBC1 are showing the first episode tomorrow evening (10.35PM) of a new three-part documentary on Britain’s landlords. The filmmakers will be introducing a motley selection of landlords and tenants in an attempt to throw some light on the highs and lows of life as a landlord in the UK.
Generation Rent
With rental housing becoming increasingly popular, more and more families are being forced to live in rental accommodation. The rental boom is encouraging inexperienced property investors to jump on the buy to let bandwagon. Of course becoming a landlord is not without its pitfalls, and the programme seeks to illustrate what some of these might be.
First Time Landlords
One of the landlords featured in the programme only has one property, and has been unfortunate enough to land a tenant who refuses to pay the rent or move out. As a result she has fallen into arrears on her mortgage payments and is forced into the unenviable position of having to sell her belongings to make ends meet.
Another of the landlords featured in the show is at the opposite end of the scale: he owns hundreds of rental properties and makes serious cash from his HMO property empire.
Tenant Stories
In order to portray a balanced view of buy to let Britain, the show also features the stories of tenants. One tenant, a single mother who has recently been diagnosed with cancer, is facing eviction from her rental home because her landlord wants to sub-divide the property into bedsits.
So if you considering becoming a landlord make sure you watch the show so you can see how to avoid some of the problems faced by new landlords.