Sell and Rent Back

UK TV Show Highlights Dodgy Landlords

Dodgy landlords in the UK will be put in the spotlight during a TV special by Jon Snow as part of the Dispatches TV series. With Britain fast becoming a nation of home renters as opposed to owners, the show highlights some of the worst landlords in the UK. One of the features is an elderly couple who went into a sale and rent back agreement after owning their home for more than 42 years, only to be asked to leave a short time later.

Another of the highlights shows how some landlords are getting away with renting out property that has anything from bathrooms that are damp to ceilings that are unsafe and in some cases are collapsing around the tenants. Landlords in the spotlight have even made threats to tenants and have evicted tenants with very little notice.

Snow is asking why more regulatory checks are not being made on landlords. The sale and rent back sector on the other hand is being regulated by the Financial Services Authority which it is hoped will be a change for the better for those considering selling property and renting it back. Snow uncovered one case of immigrants renting a make shift home in London and paying £40 per week to live in a garden shed. The program is using shock tactics to highlight the bad practises that some UK landlords are getting away with and it ends by saying that investigations will continue.

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