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06/06/2016

36% Of Landlords Experience Property Abandonment - NLA

New figures have revealed 36% of UK landlords have had a property abandoned by tenants before.

The National Landlords Association (NLA) revealed more landlords in the North East of England experienced the problem more than anywhere else in the country, with 58% having had a property abandoned.

In Wales, 56% of respondents said they had a property abandoned, while almost half of Scottish landlords experienced the same problem (48%).

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The lowest figure was recorded in the South West of England at 31%.

Richard Lambert, CEO of the NLA, said the process of recovering an abandoned property was "long, frustrating and costly" for landlords.

"Many people will be shocked by just how common this problem is, and landlords will be relieved to know that the Housing and Planning Act will create a new process to deal with the issue, giving them far greater security and peace of mind when recovering  properties they believe to have been abandoned."

(LM)

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