Private landlords providing longer tenancies as home ownership dwindles

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Published by Max Salsbury for 24dash.com in Housing and also in Finance

Private landlords are providing more stable long-term tenancies as interest in home ownership dwindles, new research suggests.The findings by the National Landlords Association (NLA) shows that 54% of tenancies now last between two and three years, whilst 32% last over four years. 12% go on for over five years. The NLA also discovered that 49% of the 546 landlords it surveyed had had problems with rent arrears in the last 12 months, and 37% were concerned about future problems with arrears.David Sa...

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