Tuesday, August 4, 2009
For those private landlords in for the long term – it’s looking good for the next 3 months !
Nearly a third of private landlords have experienced rental arrears over the last year, however most believe the worst is over and are optimistic about the future. According to new research from Business Development Research Consultants (BDRC), the number of landlords with rental arrears increased from 18 per cent in Q1 2008 to 30 per cent 15 months later. However, the research suggests that whilst there are undoubted challenges in the current economy, some private landlords feel that the worst is over.