More than a quarter of landlords who let out a single property break even or run at a loss, according to new findings from the National Landlords Association (NLA).

The findings also show that around a fifth of landlords who let out between two and four properties also just break even or make a loss on their portfolio.

The NLA estimates that around half of all landlords let out between one and four properties: 14% of landlords let just a single property, with 36% of letting between two and four.

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The statistics demonstrate the importance of taking a professional approach to letting property and the NLA are reminding landlords of the range of services available to help support and make a success of their lettings business through September and November.

Carolyn Uphill, Chairman, NLA, said: "These findings point to a significant number of landlords who struggle to make ends meet, and show that for many, being a landlord isn't just about watching rent money roll in.

"However, with proper planning and financial protection in place many could turn a failing business into a success and we're urging landlords to explore the range of support the NLA can offer to help run a successful and profitable business."

(CD/JP)