3 in 10
landlords experienced rental arrears 1
3 in 10
landlords had property damaged 1
2 in 10
landlords evicted a tenant 1
An average of £5,729 outstanding
The average amount owed in arrears to a landlord increased by £456 in Q3 2024 compared with the previous quarter 1
3 out of 4 are still waiting
75% of landlords with arrears in the last 12 months still have money outstanding across their portfolio 1
Source: 1 Pegasus Insights Landlord Trends, Q3 2024. Published October 2024.
*Terms and conditions apply. Subject to eligibility criteria. Always check the policy wording for full benefits and exclusions. Rent guarantee payments may be paid for an indefinite number of months until vacant possession is gained, except where the tenant provides a valid defence to the eviction in which case payments are capped at 12 months. 75% of the monthly rent paid after vacant possession is gained in some circumstances. Rent Guarantee payments do not apply where more than 1 month’s rent has been paid in advance for the tenancy. Total payment for any one claim is capped at £100,000. Policies are administered by Legal Protection Group Ltd and underwritten by Financial & Legal Insurance Company Ltd.‘
**Prices from £14.62 per month for rents of £500 per calendar month or less. Actual price will depend on the rental amount of the property.
Rightmove Group Limited (RMG), Firm Reference No. 491645, is an Appointed Representative of Rightmove Landlord and Tenant Services Limited (RLTS), which is authorised and regulated by the Financial Conduct Authority, Firm Reference No. 522050, and Rightmove Financial Services Limited (RMFS), which is authorised and regulated by the Financial Conduct Authority, Firm Reference No. 805415. This can be checked on the FCA register at www.fca.org.uk/register