Private rented sector in UK sees evictions rise to record high
Latest figures from the Ministry of Justice show that total evictions last year reached a record high of 42,728. Paul Shamplina, founder of specialist landlord possession services firm Landlord Action, commented that rising rents and welfare cuts are undoubtedly to blame for the growing number of evictions. Interestingly, Landlord Action also said that many landlords opt to use a Section 21, instead of Section 8 to evict tenants with rent arrears, as they feel they won’t be able to collect rent arrears and the Section 21 route allows them to gain possession much quicker on a no-fault basis.
Full story available from PropertyWire: http://www.