December 2013 Tenant Alert Statistics
Landlord Referencing Services has collated its Tenant Alert data for December 2013, which reveals the most prolific areas for rent arrears and property damages last month (uploaded via our vigilant community of landlords and letting agents) were in the South West area and Nationally.
- Total “live” rent defaults recorded in December 2013 = £25,000+
- Total “live” property damages recorded in December 2013 = £6,000 +
- Equalling = £31,000 +
Coupled with the thousands of rent defaults and/or property damages uploaded this month for either
- tenants still in residency
- a landlords previous tenants (covering the last 5 years)
our total debt amount avoided by each landlord that regularly referenced their tenants through LRS in December equals a massive £133,000+.
This is why Lifestyle Tenant Referencing is acting as an excellent deterrent to tenants; as once they find out that our unique system is in place (more often than not) they have reconsidered their actions and decided against leaving on bad terms in the first place. And with the amount of private rented sector households set to rocket to around 23% by 2020, as well as the ever growing problems with rent arrears, we all need to be proactive in sending a message to tenants who are intent on refusing to meet their commitments; if you don’t pay the rent then you won’t get a home with another landlord.
So the whole team would like to take this opportunity to say a big thank you to all those pro-active members who uploaded their rogue tenants onto the LRS system throughout December 2013; preventing the rest of the Landlord Referencing Community from being deceived by unscrupulous and habitually bad tenants, as well as protecting their best tenants from anti-social & disruptive neighbours.
We also urge the entire LRS community to continue to upload their good AND bad tenants, because in doing so this will help ensure every landlord and letting agent (who are registered with Landlord Referencing Services) will not fall victim to the same issues.
Remember: “If we don’t let them into our properties, they cannot set roots into our communities; and without roots they cannot flourish”.