BBC 1: Landlords move into their own rented properties

Posted: 12/7/2017

BBCprograme.png

In life-swap television, BBC1 showed how well-off private landlords reacted when they moved into their tenants’ homes for a week. But to make watchable TV, the BBC had to go and find the worse examples.

Super-wealthy father and son landlords Peter and Mark were appalled to move into their tenant’s home, riddled with damp and mould, with taps and the cooker not working, and with heating bills that their tenant – who had just £54 a week to live on after essential bills were paid – was struggling to afford.

The tenant, in her mid-sixties, was still having to work full-time and, when she moved out to let them live in her terrible living conditions for a week, left them a pitiful note asking them not to turn on the heating in her bedroom as she could not pay the bill.

Those particular landlords have a £7m property portfolio, and the programme showed them consulting a local agent, Hunters.

To their credit, they totally renovated her flat and offered to help if she has problems paying her heating in future – and said they were still making a profit.

A second case study also showed a wealthy landlord moving into a poor HMO. Of course it all makes great TV, but once again demonised landlords by selecting the worse. The majority of landlords want happy tenants living in good housing. Aside from being ethical, it makes far better business sense as the result is fewer voids, higher rents and higher property values.

Back to News

 Click here for a competitive quote for Landlords Insurance  property-ombudsman NI Tourism Certified Accommodation to Rent