Landlords Rejoice At News That Squatting Is To Become A Criminal Offence
The Landlord Syndicate, a network of companies providing a complete support centre for landlords, are relieved by the news that squatting is to become a criminal offence as of Sept
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
One member of The Landlord Syndicate who has fought for some time to enforce this law, even supporting a campaign presented to Parliament in April 2011, is Paul Shamplina, also founder of Landlord Action.
He comments:
"Squatting cases have been on the rise for some time now, many by organised gangs whom have travelled thousands of miles to engage in squatting knowing they will be protected by the law. It was only when some high profile cases hit the headlines that people sat up and took notice of the growing injustice on homeowners."
Squatters will now face up to a £5000 fine and a six month prison sentence if they take up residence in another person's property.
In light of this news, The Landlord Syndicate are warning landlords not to be complacent, "Enforcing a law does not mean that the activity of squatting will be eradicated, it just means there are tougher measures to deal with it which should prevent landlords and homeowners having to enter into lengthy and expensive legal battles" adds Paul. That means landlords still need to avoid void periods and ensure they invest in good preventative security measures.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
Buy-to-let market 'in transition' as landlords turn to refinancing
MPowered Mortgages
MPowered closes to new business amid potential sale
FCA
FCA bans and fines adviser £100,000
Budget
Reeves lays groundwork for tax rises in surprise pre-Budget speech
Bank Of England
Interest rates held at 4% in narrow 5-4 vote
Budget
What taxes could be raised in the Autumn Budget?