Tenants have been urged to keep their private landlords informed about financial problems related to paying their rent.

Simon Gordon, head of communications at the National Landlords Association, said tenants struggling to afford landlord rent need to contact their local authority to try and secure local housing allowance.

His comments come as many private landlords could be considering rent guarantee insurance in the current economic climate, as unemployment continues to rise in the UK amid the recession.

The NLA, which promotes the interests of private landlords, recently revealed that 74 per cent of calls to its advice line over the last 12 months have been on the subject of rental arrears.

Mr Gordon suggested that more private landlords could be under greater financial pressure to meet their buy-to-let mortgage repayments in the current economic climate.

"It is more important than ever that local housing allowance, which is now paid directly to the tenant, is passed on by the tenant to the landlord to pay the rent,"he said.ADNFCR-2002-ID-19047064-ADNFCR

Related posts:

  1. Get reassurance on tenant affordability, expert says
  2. Knowledge key in a thriving rental market, council says
  3. Landlord mortgage lender posts profits
  4. More landlords seeking rental guarantees
  5. Rental investors ‘need to be prepared’

Leave a Reply

You must be logged in to post a comment.

HOME