Jump to content
House Price Crash Forum
Sign in to follow this  
SarahBell

Landlord fined. Net worth and assets

Recommended Posts

The Stockport-based firm, which has a net worth of more than £10m and assets of £24m according to Companies House records, was fined a total of £108,000 for 12 separate offences.

Earlier this year, Beckhall Properties was ordered to pay £12,400 after being found guilty of breaching a number of management regulations following a council probe.
 

Bosses were twice given the chance to talk with council chiefs, but failed to attend an interview.

http://www.manchestereveningnews.co.uk/news/greater-manchester-news/rogue-landlord-hit-fine-more-11955578

Can someone a bit better at finances explain how you can have a 'net' worth of 10m and assets of 24m... 

And at what point are they declared unfit to be landlords?

This is the point that all the registration schemes fail to address - they have powers to deal with rogue landlords but need to enforce them and ultimately someone like this needs to be stopped from being responsible for people's homes.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   36 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.