Tomorrow on July 18th, founder of tenant eviction specialists Landlord Action and leading property expert, Paul Shamplina, will be featuring in a one hour documentary, ‘Meet the Landlords’ on BBC 1, looking at the possibilities and pitfalls of being a ‘generation rent’ landlord.
Landlord Action, an organisation which has acted on more than 20,000 problem tenant cases, says the buy-to-let boom, which has lead to over 8.5 million people in the UK now living in a rented property, is the result of a cocktail of factors. These include; a lack of house building, less affordable housing, restricted funding in the mortgage market forcing more people to rent, tougher austerity measures leading to cuts on housing benefits, stagnant wages, increased cost of living and rising unemployment.
The documentary will meet the new army of private landlords who are riding the rental boom, both making and losing money as they struggle to get rid of non-paying tenants, as well as follow the tenants who are getting behind with their rent and risk losing their homes.
Few people have been involved in this business for as long as Paul Shamplina, who has been helping landlords with problem tenants for over 25 years and whose campaign was instrumental in passing the recently imposed bill to criminalise squatting. Two of the landlords featuring in the show have instructed the help of Landlord Action and Paul Shamplina can be seen helping them to reclaim possession.
Paul says “Over the years, our experience of professional bad tenants has been plentiful, often evicting the same tenant from more than one property. Whilst they are the minority, this type of tenant has the intention of preying on vulnerable landlords in order to live for free. They will seek out someone new to the market who is self-managing a property and who, out of financial desperation to avoid a void period, will accept a tenant with minimum referencing. However, more and more, we are also seeing situations where tenants have fallen on tough times and remain in properties out of desperation. The show seeks to underline this plethora of scenarios that ‘generation rent’ is creating by following landlords, both professional and amateur, in very different situations.”
Paul wants to help highlight possible problems to landlords, enable them to recognise the tell-tale signs of a problem tenant, or just one that has run into financial difficulty, and offer advice on the best approach to take in order to resolve the issue as painlessly and cost effectively as possible.
Mr Shamplina will also be featuring on BBCs ‘Rip Off Britain’ in September, in a feature which highlights the growing problems surrounding illegal sub-letting.