Top stress of rental property investors
Top stresses for go-it-alone landlords
Property investment can be hugely rewarding but, to the first time investor in particular, it can be beset with financial obstacles that may impact any potential gain. Indeed, recent research has listed the top stress for landlords of buy-to-let or rental properties as dealing with rent arrears.
Investing in buy-to-let property
An article in Propertywire has reported on research gathered in 2014 which uncovered the top stresses for rental property investors. A study by the National Landlords Association (NLA) revealed that for 32 per-cent of those polled, the most stressful aspect of renting out property was dealing with rent arrears. Nearly a quarter said that ‘tenants from hell’ was their major concern, with property damage a big worry for nearly 20 per-cent and deposit disputes causing stress for 13 per-cent of buy-to-let landlords.
The benefits of using property investment professionals
Nevertheless, an industry expert has noted that the signs for 2015 are only positive, “with the rental market set to continue its growth”, indicating that void periods – or times where the property sits empty – which were noted by 4 per-cent of the landlords in the study as a major cause of stress, are set to diminish. A good way for any investor to reduce these stresses would be to use a professional service provider, like Pierre & Vacances Property Investment, to facilitate the rental process. By utilising the contractual securities offered by many such service providers, an investor can enjoy the returns without the headaches.
Our advisors are available from Monday to Saturday, do not hesitate to contact us.
(International call rate - No additional charge)
Monday to Friday from 8am to 7.00pm. Saturday until 3pm.
Write to us
For more information you can also contact us by email, an advisor will be in touch with you.