When rent isn’t paid on time, for many landlords, it’s time to panic and rightly so, more than half of the landlords operating within the UK suffer rent arrears each year, sometimes way into the tens of thousands of pounds; this is particularly the case where landlords own multiple properties and whilst many tenants believe their landlord can afford to miss out on one month’s rent, the reality is, many landlords live hand to mouth and this is likely to become truer as the cost of being a landlord rises but there are ways to reduce costs, maximise return on…

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