Landlords fail to insure for renters enough

Tenants bearing the brunt of landlord's lack of insurance

There were plenty of predictions before the vote, and as soon as the shock Brexit result was announced there was plenty more nervous number crunching.

The report has highlighted that 14% of tenants are being hit with unexpected costs which average £165 per year, thanks to their landlords not having the correct form of insurance to cover emergencies.

The survey of more that 2,000 tenants revealed that over one-in-ten have had to put their hand in their pocket for emergency costs such as boiler breakdowns, flood damage and essential maintenance – unsurprisingly 70% were unhappy with this, and felt the costs were unfair.

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