The events of the past 18 months have dealt a devastating socio-economic impact on private renters in the UK, with an estimated 840,000 building up arrears as a result of covid. As a direct result of this, 56% of landlords lost rental income during the pandemic.
Compounding this increased cost and risk of being a landlord in today’s market is the softening of eviction regulations and virtually no consequences for fraudulent rental applications – fuelling a rise in tenant fraud.
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