Landlord News

20% Of Tenants Prepared To Run

A recent survey by property portal FinderMonkey.co.uk has discovered that 20% of tenants would consider running out on their property landlord without paying rent.

And this is a lot higher than statistics previously recorded in 2007…

Quoting their inability to maintain payments as their primary reason for doing a runner (16%), FinderMonkey.co.uk also revealed that:

  • 30% of tenants felt they could escape the consequences of damaging a rental property or not paying their final rent as their landlord would not have sufficient information on them in order to find them

Luckily for property investors this isn’t the case, especially if they have correctly utilised their landlord forms such as a tenant application and tenant guarantor form…

With this paperwork, property investors can confidently protect their property lets as well as pass on this information to the authorities who can track down tenants who have run out on their rental responsibilities

Related posts:

  1. Tenants Too Slow To Act
  2. 36% Of Tenants At Risk Of Gas Injury!
  3. Top Tenant Nightmare Incidents
  4. Tenants To Name And Shame Landlords Online
  5. Property Investors Must Seek Out Landlord Insurance

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This entry was posted on Wednesday, September 1st, 2010 at 8:37 am and is filed under News, property investment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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