Landlords Are Not Protecting Their Investment
According to recent reports by IVA and Paragon more and more landlords are struggling to keep up with their buy-to-let loan repayments. Martin & Co, the UK's largest lettings brand, has launched a new rent guarantee offer to help combat the difficulties landlords are facing.
According to debt consultation firm, IVA there has been a significant rise in the number of landlords seeking professional advice on how to handle large debts. Further stats released by IVA show that the number of landlords struggling has risen by 53% on previous figures. The average landlord has been seeking consultation on debts ranging from £160,000 to £200,000. These landlords are struggling to make their repayments and are in fact several months behind.
Read the full article on the Martin & Co Blog
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