E1 News: UK Buy to Let Landlords to Be Wary of High Income Tenants

According to the research conducted by UK’s largest tenant eviction and rent collection service bureau – Landlord Assist – residential buy to let landlords with property portfolios consisting of expensive flats are more likely to face arrears.
Despite the fact that it seems more logical that tenants with lower household income are more prone to falling into arrears, the research of Landlord Assist showed that tenants with high income have been hit hard by the economic downturn and, as a consequence, oftentimes fall into arrears on rent payments.