NLA claim landlords are owed £850m in rent

According to NLA research, a third of UK landlords have experienced rent arrears in the last 12 months. 

Their figures equate to nearly 500,000 of us 'lettings folk' being owed cash by our current or ex- tenants - poor us.

With the average figure for outstanding rent at £1,649, the NLA have concluded a total of £850m might be owed in unpaid rent across the UK.

The NLA research also reported that 22 per cent of landlords are worried that their tenants won’t be able to keep up rental payments in 2015.

Discounted landlord insurance