£10,000 repair for Landlord + how to gain access through the Landlord and Tenant Act 1985
Rob discusses a troubling case involving a landlord, Nick Lyons, who faces a £10,000 bill after his rental property in South London was turned into a cannabis farm by tenants who sublet the property without his consent. He highlights the challenges landlords face in the current rental market, particularly regarding tenant protections and the importance of regular property inspections.
KEY TAKEAWAYS
- Landlords should ensure that regular property inspections are conducted, whether managed personally or through an agent. This helps identify potential issues before they escalate.
- It's crucial for landlords to maintain open lines of communication with their property management agents. If inspections are being denied or not conducted, landlords should be informed promptly to address the situation.
- Tenants have the right to peaceful enjoyment of their property, which includes the ability to refuse entry for valid reasons. Landlords must be aware of these rights and navigate them carefully.
- Familiarity with the Landlord and Tenant Act 1985, particularly Section 11, is essential. This law allows landlords to enter properties with 24 hours written notice for essential repairs or in emergencies, but does not permit entry solely based on suspicion of illegal activity.
BEST MOMENTS
"The tenant always had an excuse, and because of his good track record, they didn't push further."
"Had this been done earlier, we might have discovered the problem before it escalated."
"It's important to have good systems and processes in place to ensure that regular inspections are being carried out."
"If a landlord or managing agent suspects illegal activity, this does not on its own warrant entry without permission."
VALUABLE RESOURCES
GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:
https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration
SOCIAL MEDIA/CONTACT US
https://linktr.ee/thepropertynomadspodcast
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
Information
- Show
- FrequencyUpdated Semiweekly
- PublishedDecember 12, 2024 at 12:00 AM UTC
- Length10 min
- Episode537
- RatingClean