Embarrassing news from the Letting Protection Service LPS.

The number of landlords who claim for lost rent skyrocketed over the last year. In October 2007, 91 tenants disappeared without paying; 12 months later the number was >>> 1,286. In January, 218 (2008) and 1,117 (2009). Kevin Firth, Director of the LPS, tells tenants:

“Running away from financial difficulties is never the best way to deal with them. It could have a negative impact on your credit rating and could potentially mean you are breaking the law.”

Running away is not an option. Running away is NOT an option.

Get help (from Shelter, if all else fails), and talk to your landlord about your difficulties as soon as they arise.

This entry was posted on Saturday, March 14th, 2009 at 1:44 am and is filed under Legal. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.