Accidental Landlords Facing £6bn bill

Accidental landlords are often classified as landlords who have either inherited a rental property, or let a property they no longer live in.

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The M.E.N. article references a survey conducted by HomeServe, which states that almost three quarters of accidental landlords have encountered costly issues in their rental properties. The most frequent problems encompass boiler malfunctions (31%), heating system breakdowns (29%), and plumbing complications (28%). Additionally, leaks (27%) and electrical faults (22%) prominently feature among the challenges faced.

The survey states that almost all landlords (95%) have shouldered expenses associated with addressing unforeseen maintenance issues in the past year. On average, they expended £3,194 to rectify these issues within their rental properties.

The full article can be read here: https://www.manchestereveningnews.co.uk/news/property/uks-2million-accidental-landlords-face-28111638

Having a proactive partner by your side can prevent small issues from escalating. Our proactive approach to property and tenancy management aims to do precisely that. By staying on top of maintenance issues, and investigating each thoroughly, we are often able to address issues before they become serious. 

If you're a landlord and would like to discuss the merits of having a professional agent with an in-house maintenance team by your side, please contact us on 0161 790 4325.