Friday, November 6, 2009
Buy to Let Landlords to Face More Arrears – Landlord Assist
Buy to Let Landlords to Face More Arrears – Landlord Assist
n the opinion of experts from Landlord Assist, British organisation for tenant eviction, landlords should not expect any improvements on the buy to let market in 2010. Landlord Assist predicted that an average of 150,000 tenants will face court actions by the end of 2009, meaning that the market of rental property still has a lot to live through before it stabilises. Landlord Assist’s forecast comes right after the report published by the National Landlords Association, which revealed that almost 75% of UK landlords have had tenants in arrears, with 43% of respondents admitting that they faced arrears in the past 12 months.
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