Landlords might find that they face difficult choices as more tenants start to default on payments

Landlords may look to the past to help forecast the future.

As events unfold around the world, there is the realisation that we have continued to neglect the lessons of the past and instead make the same fundamental mistakes based on greed and neglect of logic.

The worrying thought is- 'Does this victorian cartoon hold any truth to a future UK economy in a downward spiral?'

As landlords know - there's no avoidance for landlords on mortgage repayments and as times get tough and more and more tenants struggle to meet rental payments, it might mean some grim choices for landlords.

As more and more tenants lose their jobs in this downward economic spiral some harsh realities might have to be confronted by the new breed of landlords.

Landlords aren't in the majority bad, evil people. Many landlords have appeared from the middle professional classes in recent years. Caring, upright members of society who were looking to advance their retirement provisions, or some are the accidental landlords who have rented out un-sold property.

However as the credit crunch bites more and more tenants won't pay, and many landlords will be forced into evicting tenants.

How far will modern landlords go to get their rents?

More importantly - how far would you go?

One things for sure the solicitors are rubbing their hands together with the thoughts of bankruptcy and eviction.

Which reminds me, rats did very well in Victorian England .

Darling Margo - 'strike a light gov'nor.'

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