Government Urged To Step In As Almost A Quarter Of Landlords Lose Rent Due To Covid-19

 Newly released data from the National Residential Landlords Association has revealed the scale of the financial impact caused by Covid-19 on private landlords, with 22% saying they have lost rental income as a result of the pandemic. According to the research, 19% of those questioned had lost up to half of their usual rental income as a result of COVID-19. However, 3% had lost more than half. An analysis of the results by the NRLA suggests that among those landlords surveyed saying that they have faced a loss of rent, the average (median) loss was between £751 and £1,000.  Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/landlords/government-urged-to-step-in-as-almost-a-quarter-of-landlords-lose-rent-due-to-covid-19.html