Tuesday, August 12, 2008

Landlords evicting tenants to raise rent

The credit crunch has lead to a surge in illegal evictions for tenants in the rental market.

According the Threshold National Housing Organisation, tenants struggling to make payments were being forced to leave their homes by unscrupulous landlords.

The downturn in the economy has meant an increase in evictions by landlords who are finding it difficult to meet rising mortgage costs.

Landlords across the country are attempting to ditch current tenants and move in new tenants paying higher rent, Threshold claimed this week.


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