Nearly two-thirds of landlords are bracing themselves for a rise in tenants falling behind with their rent, a survey showed yesterday.

Six out of 10 landlords and 64% of letting agents expect to see a rise in the number of people defaulting on their rent during the coming year, according to insurer EndsleighLet.

The group, which questioned 1,400 landlords and letting agents, said 47% of landlords thought there had been a rise in people falling behind with their rent during the past 12 months, while 73% of letting agents had encountered the problem.

Financial Times