Abandonment is when a tenant leaves a property (usually without notifying the landlord or agent) before the tenancy has ended and this quite often occurs when the tenant owes rent.
Abandonment is a major headache for landlords within the UK because even though the tenant is in the wrong for abandoning the property, they still have a legal tenancy and can return and demand to take up residence at any time, despite not paying rent. Taking over an abandoned property is fraught with difficulties for the landlord.
In the news today it has been said by the National Landlords Association (NLA) that 36% of landlords in the UK have been affected by abandonment. This is a staggering amount and is costing landlords in the UK vast amounts of money as they battle to regain possession of their abandoned properties.
Abandonment is not a subject that we see written about often and in fact we haven’t heard about it since we had a blog written for our sister website “Welsh Landlords” back in October last year. However we are glad that the issue has been raised by the NLA so that more landlords can be made aware of the issue.