Beware of the Unwelcome Tenants Taking Over Your Property
It is a sad fact that many people are currently really feeling the pressure financially. There can be little doubt that many people are finding it difficult to pay the rent or mortgage on their home.It is not pleasant but as a professional landlord you will sometimes have to evict people. No-one wants to have to do it but the truth is if you don’t you may soon join them in financial dire straits.
But what happens when they won’t go?
Stephen Parry of Landlord Assist said "There has been a marked increase in the number of people being repossessed and then re-entering their former properties as squatters”
This is clearly not good news for us as landlords. Obviously as a human being we often have a huge amount of sympathy for these tenants, especially those that have previously been good payers but have fallen on hard times. As business people though we cannot afford to have our properties filled with non paying tenants.
It is to be noted that most squatters are pretty savvy about knowing their rights these days, it is paramount that you know yours. Before you attempt to evict any squatters you need to thoroughly research the law and make sure you do everything by the book.
A mistake could end up with you having an unwelcome guest in a property for a long time, at worst you could even end up with a criminal conviction. It does not seem fair but that is the way it is, so my best advice is to take care when dealing with these highly volatile situations.
If you are faced with this unfortunate situation, you may want to contact my good friend Paul Shamplina at landlordaction.co.uk.