More evidence of private landlords failing to pay mortgages and causing tenant problems as a result have been reported by the Guardian.

A parent from Bristol wrote in to the publication's financial expert Margaret Dibben explaining how their son ended up losing more than £1,000 due to a mix-up in the aftermath of his student house being repossessed.

Over Christmas, the letting agent informed the tenant that the private landlord had "gone bust", but plans had been put in place for someone new to take over the running of the property in question.

Having not received any further information, the student went to cancel a standing order for the rent payment with NatWest - but was apparently too late and ended up losing £1,125.

Ms Dibben contacted the bank and has been told that the money will be refunded, but the issue obviously caused angst among the tenant and his family.

It comes after the Association of Residential Letting Agents has been calling for tenants and landlords to receive more protection in the event of a property professional experiencing bankruptcy.

Written by Mark GarnerADNFCR-2002-ID-19263513-ADNFCR

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