Tuesday, 12 July 2016

Unexpected Rental Costs Leave Tenants Out Of Pocket

A disgruntled minority of private tenants say they are being left out-of-pocket after being hit by unexpected costs not covered by their landlord, while almost half were surprised by yearly increases in rent, according to a survey by insurance provider Endsleigh. The survey of over 2,000 tenants found 14% of tenants had been caught out by unexpected costs not covered by the landlord, for example boiler repairs, flood damage, and property maintenance, with the average cost person per year coming to £165.41. Almost three-quarters (70%) of them said they did not agree with the reasons for the charges given by their landlords.  Read more on the Housing Excellence website.

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