Thursday 28 May 2015

Arrears Cause Most Stress to UK Residential Landlords

The majority of landlords in the UK find managing their properties stressful with arrears causing the most worry, new research has found.  They are having to deal with complex issues such as new regulations, rent arrears, and tax as well as the everyday issues of repairs, insurance and void periods. The research reveals that rent arrears causes the most stress, cited by 87% of respondents while 80% said dealing with tenant complaints was the main stress, followed by 43 for repairs to properties, 40% the new immigration laws and 28% securing finance to expand their buy to let portfolios. A quarter of landlords cited tax and inland revenue as a major reason for getting worried and anxious, while a third said it is void periods.  Read more on the Property Wire website.

No comments: