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Friday, March 27, 2009

Tenants quitting their properties to avoid paying rent.

The Letting Protection Service (LPS), has reported a sharp rise in the number of tenants quitting their properties to avoid paying rent.

Claims for lost rent resulting from absconding tenants increased from 91 in October 2007, to 1,286 a year later.

The company that provides specialist insurance, referencing and protection products for UK landlords probably would say that, though. - 'Lies, damned lies and statistics'

Read more - here



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