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Landlords Lose Out Due To Unexpected Costs

Landlords Lose Out Due To Unexpected Costs

If You Fail To Plan Then You Are Planning To Fail

A recent survey by a national lettings agency has highlighted financial losses incurred by UK landlords due to failing to adequately plan for unexpected costs.

 Landlords pay on average around £1500 (GBP) per year of their rental income covering tenant rent arrears, maintenance, repair bills and void periods; a figure that equates to over £2 Billion (GBP) per year nationally, according to the survey by Northwood.

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Landlords Suffering Financially Due To Unexpected Costs

A recent survey by a national lettings agency has highlighted financial losses incurred by landlords due to failing to plan for unexpected costs.

Landlords Lose Out Due To Unexpected Costs

Landlords Lose Out Due To Unexpected Costs

Landlords pay an average of £1500 (GBP) per year out of their rental income on covering tenant rent arrears, maintenance and repair bills and void periods; a figure that equates to over £2 Billion (GBP) per year nationally, according to the survey by Northwood.

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