Fear of Labour reforms lead to eviction of 90 year old tenant

The threat of higher taxes and more red tape for the private rental sector led a landlord to evict his 90 year old tenant.

The Daily Telegraph reports that Alan Shields, who is now 75, entered the buy to let market in 2002 when bought a bungalow outright for £164,000, investing a further £20,000 in renovations.

After years of reliable rental payments but little upkeep from the tenant, Shields issued a Section 21 eviction notice. According to the Telegraph, Shields cited concerns over Labour’s commitment to abolish Section 21 as the key factor behind his decision.

“We looked at what Michael Gove was proposing when he was Secretary of State for Levelling Up, Housing and Communities, but we thought we would wait and see what happens with the election. However, the elimination of Section 21 worried us the most.” Read the full article at Landlord Today