Rising day-to-day costs are eating into landlord margins, so it is important that you find new efficiencies for your rental properties. Recent analysis shows that landlord running costs account for 25% to 45% of the amount received in gross rent . This includes outgoings like maintenance, insurance, utilities, professional fees and compliance. Maintenance and repairs are the single biggest outgoing, taking 31% to 39% of total spend depending on property type. This article exp

A recent case illustrates the costly consequences of neglect: a landlord who left tenants in poor and hazardous conditions in an unlicensed HMO was ordered to repay £35,813 via a Rent Repayment Order . The landlord told tenants that they had to pay for their own rental property repairs, stating, “This high maintenance cannot go on. This is not a serviced apartment.”   The tribunal found the failings to be serious, and the penalty was significant. It is a stark reminder that d