Monday, 23 May 2011

Benefit cuts to hit landlords as more than 50% report rent arrears

More than half of landlords have experienced late rent payments in the past year, with housing benefit cuts expected to put further pressure on tenants, a survey has found.

Research by the National Landlords Association has found 52 per cent of landlords have reported rent arrears in the past 12 months.

The survey of nearly 600 landlords found the average late paying tenant owed £730 in late rental payments.

Click here to read the full article Benefit cuts to hit landlords as more than 50% report rent arrears