Landlords warned of cannabis risk
There is an increasing need for landlords to be vigilant against those breaching tenancy agreements
by growing cannabis inside properties, one company has advised.
Aviva warned that between 2008/09 and 2009/10, there was an 18 per cent rise in the number of cannabis plants seized.
"Almost all of the properties were residential and we often find that it is part of a larger operation or that the policyholder has had a couple of properties affected," explained Matthew Gordon, underwriting manager for property owners at the firm.
He emphasised that landlords need to be aware of the problem, as activities such as these can lead to considerable damage inside a property through water and strong lighting used to help the plants grow.
Recent research from Rightmove shows that 53 per cent of tenants expect their rent to rise over the course of the next 12 months, while just four per cent anticipate a fall.
Published on: March 14, 2011
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