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Tenants and landlords 'enjoy good relationship' - buy to let mortgages

14 November 2008

In buy to let mortgages news, a new survey has revealed that the majority of landlords enjoy a good relationship with their tenants.

A poll conducted by the Deposit Protection Service (DPS) has found that 84 per cent of occupants get on with their landlords, while nearly a quarter of these described their relationship as "excellent".

The research dispels the common conception that the two are always at odds, the DPS stated.

"It comes as no surprise that tenants and landlords are, in general, getting on. Our figures show that since deposit protection legislation was introduced, relatively few disputes have needed to be resolved," commented Kevin Firth, the director of the organisation.

The DPS was set up in 2007 and currently oversees around £240 million worth of active deposits.

Landlords who take deposits from tenants are required to sign up to such government-backed schemes, notes mydeposits.co.uk, which also offers the service.


ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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