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If You Think Our Housing Laws Are Crass Try Being A Landlord In Germany

If You Think Our Housing Laws Are Crass Try Being A Landlord In Germany

If You Think Our Housing Laws Are Crass
Try Being A Landlord In Germany

There are always plenty of stories in the media about landlords and letting agents and their idiosyncratic practices, but a recent news article about a German landlord published in The Telegraph and picked up by LandlordToday.com really does take the p**s!

UK landlords have faced a great deal of criticism for reasonably, and in some cases unreasonably, withholding a tenants’ deposit for all kinds of damage caused to rental property by tenants but now a German landlord has ended up in court for trying to claim damage to a bathroom floor caused by a tenant’s urine.

The landlord had withheld €1,900, equivalent to around £1,400 (GBP) from the tenant’s €3,000 deposit for damage allegedly caused to a marble floor in the bathroom of a rental property by a male tenant missing the toilet bowl while urinating standing up.

The tenant sued his landlord after the refusal to pay back the €1,900 claimed for damages to the marble floor but the judge ruled that the tenant had the right to take care of business standing up.

The landlord had brought in a “technical expert“, who had the unenviable task of confirming that wayward droplets were indeed the cause of the damage to the marble tiles.

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It Pays To Be A Property Owning Pensioner

It Pays To Be A Property Owning Pensioner

Pensioners property worth almost £770 Billion Pounds

It has been revealed by national newspaper, The Telegraph, that Pensioners in the UK own almost £770 Billion (GBP) worth of property outright, without any form of mortgage.

It is estimated that some 4.7 million retired property owners in the UK own their residential properties outright.

The total value of OAP property ownership has increased by £1.2 Billion (GBP) over the past three months, representing almost £770 Billion (GBP) worth of property held outright, without a mortgage.

The survey was conducted in England, Scotland and Wales by advisory firm, Key Retirement Solutions, however, the survey didn’t cover properties in Northern Ireland.

The survey revealed a two-speed property market in the UK, with London seeing a significant rise in over-65s’ property wealth, however, the value of property wealth was much lower in the neighbouring South-East region.

The average value of property owned by pensioners without any form of mortgage increased by almost £12,000 (GBP) in London, but fell by £1,570 (GBP) in the South-East, the survey found.

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