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Joanna Dickens
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This is just such a sad story and representative of what is happening to landlords all over the UK. We deal with hundreds of rent arrears claims from letting agents day in day out and it’s common for non payers to then cause significant property damage. Last year we paid over £1.2 million in rent arrears and legal costs to agencies. It has never been more important for landlords to ensure they are correctly protected against the risk of rent arrears and damage. Take out rent guarantee and ensure you have proper landlords buildings insurance with malicious damage cover. Nobody wants to end up in this situation but at least if the worst does happen, landlords need not be out of pocket.
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From: Joanna Dickens
29 April 2019 10:14 AM