The "most important"issue for private landlords to be aware of is good tenant referencing, according to an industry expert.

Malcolm Harrison, spokesman for Let Insurance Services, suggested that this is the case because of the "big increase in the level of unemployment"recently.

Other things private landlords should consider include taking out rental insurance, because this will protect their income in the event of a tenant losing his or her job.

Mr Harrison said: "You can take on a tenant and everything is fine ... - they have got a good job, they are getting money and all the rest of it, everything stacks up, they are the kind of tenant you want - but in a time like today's, anything can happen."

His comments come after the National Landlords Association published research this week that claimed around 75 per cent of those who let out property have experienced rent arrears in the past.

The study also indicated that almost half of these landlords have suffered such incidences in the last 12 months.

Written by Claire Doyle
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Related posts:

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  4. Rental insurance is ‘essential’in current climate
  5. Private landlords urged to protect their rent

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