Rent-2-Rent Operator Gets His Comeuppance
We reported the case of the landlord who let his property to a Rent-2-Rent operator (R2RO) on a contract that assigned all management responsibility to the R2RO, where the landlord was fined £7,500 by PCC when the R2RO was found to have overcrowded the property.See it here.
The good news is that PCC then went after the R2RO who was found guilty in court of multiple misdemeanours and sentenced accordingly.
More Detail and Press Coverage
The R2RO was sentenced to 200 hours of community service and a £114 victim surcharge and his company was fined £1,000 and ordered to pay £9,000 in costs to PCC – so £16,500 in total.
Interesting coverage here: Landlord fined for illegal HMO despite legal agreement with agency and Agency sentenced after illegally overcrowding properties and harassing tenants
About the author
Martin began his landlord journey 30 years ago, while working in an international role for a global telecommunications company. Since retiring he has extended his portfolio, which he manages with his wife, but has always focussed on the ‘small student HMO’ sector preferring to offer homes in the community for small groups to the more common ‘pack them in and take the money’ mentality. He has chaired the PDPLA for the past 12 years and has overseen the Associations transition from small local self-help group to a much larger and more professional institution which is recognised and listened to nationally. Alongside his PDPLA role, he also has leadership roles in a number of other local organisations – bringing his unique perspective, driving for change and increased use of technology while respecting the history that brought us here.