You learn about all of the time of the paper. What you do not typically learn about is the poor landlord, who may have a massive repair bill from all the damage brought on by such illegal activities.
You’re talking thousands of pounds. Big MONEY.
That’s right — in case a person is going to put together a cannabis factory within your rented property, it requires a good bit of effort on their part. They will normally bypass the main electrics, knock out holes in walls (for ventilation), and do whatever else is necessary to maximise their investment! The same as you, they would like a good return on their property investment!
This is starting to be a very prevalent problem, illegal gains from this type of thing can run into a huge selection of thousand of pounds per property. However do not worry there are some relatively straight forward things you can do to help you protect against this if you are likely to lease a property out.
1. Don’t accept the 1st person that comes together with a wad of cash
2. Ensure everybody completes a detailed application form. If you haven’t got one, simply ask me. Think about performing a CRB check
3. Shortly after the particular person moves in arrange to check out the property. Many ROOMS!
Remember the landlord insurance of yours might not cover you against this type of thing. And anyway you do not desire your premium going up.
In Your Service,