There have been more landlords than ever before as a result of the credit crunch – those ‘accidental landlords’ that didn’t really want to be letting but couldn’t sell their property on at a price they were happy with – but now, new research reveals that letting your pad could actually end up costing you dear if you are unlucky with bad tenants…
It’s when the tenants turn bad that you have to start worrying. New research from Homeserve has found that most tenants, no matter how caring they are, cause on average £511 of damage to the properties they rent each year.