LETTING & ESTATE AGENT

Following the government’s update on 13th May 2020 regarding home moving in England during the Covid-19 outbreak, we are pleased to announce our branches in England will start re-opening their doors for booked appointments over the coming weeks. Health and safety remains our main priority, and a number of strict measures will be put in place to protect our staff and customers. Our offices in Scotland and Wales will continue to support customers from home. Visit our branch page to find contact details for your local office.

Four in ten landlords cannot afford to miss one month's rent

Four in ten landlords cannot afford to miss one month's rent

Four in ten landlords earn such slim margins from their rental income that just one missed payment by a tenant can cause serious difficulties.

The finding emerges in a survey by the National Landlords Association.

Carolyn Uphill, chairman of the NLA, said: “Landlords operate within a business environment and it’s essential that they budget accordingly.

“We recommend budgeting for ten months’ rent in any 12-month period to allow for missed rental payments and voids.

“It’s also essential that landlords carry out checks on potential tenants to minimise their risk of non-payment.”