Thursday, 14 August 2014

NLA Reminds Landlords of Their Obligations

The National Landlords Association (NLA) is reminding landlords of the importance of understanding their obligations as its latest research shows that more than a quarter have been letting for less than five years. Research conducted by the NLA shows that 27 per cent of landlords have been letting for less than five years, with 14 per cent letting for just 2 years. One in five (21 per cent) landlords have been letting between six to 10 years, and just over half (52 per cent) have been letting for more than 10 years. The figures correlate with the NLA’s recent findings that the proportion of part-time or ‘amateur’ landlords is now at its highest ever level, comprising 70 per cent of the sector. Read more on the NLA website.

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