Troubleshooter: Rental firm refused to pay me, then went bust

Property Partner, Joanne McIvor advises a residential landlord who has a Covid-related issue with her rent-to-rent company tenant in last Saturday’s Troubleshooter column in the Property section of The Times.

A private landlord who owns a flat in southeast London which is rented to a company, which paid her a market rent of £3,100 a month and then sublet the flat to six tenants for £4,100.  The company covered the household bills, which are about £300 a month, and guaranteed to keep paying even if the flat was empty between tenants. The arrangement worked well until, without warning, the company started paying only £1,550 a month…

Read the full article in The Times (subscription may be required)