UK property tenants should talk to landlords over rental arrears
8th Oct 2012
Tenants who are having issues with the cost of their rent should make sure that they take the opportunity to talk to their landlords to sort out their issues and make arrangements.
According to one expert, UK property landlords are trying to be empathetic with their tenants wherever they can, to make sure that they can hold on to a customer and not have periods where their home sits empty.
This comes at a time when in the UK landlords are seeing some of the highest prices ever in the rental market.
Richard Lambert, chief executive of the National Landlords' Association, said that making sure to work out issues with tenants is the best way to go however, rather than trying to get rid of them at the earliest possible opportunity.
"No business likes to lose a good customer and as far as possible, landlords try to keep tenancies going as long as they can - if they have got a tenant they are happy with. On average our members tell us that to end a tenancy and to re-let again is going to cost about £1,800, so often it is a very finely balanced commercial decision when arrears start to mount," he added.
Posted by Staff Writer: Ewan Robertson
© Zoopla Property Group Limited