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Landlord News
Some say that rules are made to be broken, but most Landlords would hope that their Tenants are not among them! The good news is that nearly two-thirds of Tenants (65%) have not breached the tenancy agreement they signed, according to new research by Direct Line for Business.
Only 15% of Tenants responding to the survey actually confirmed having broken any of the rules in their contract, while 11% said they didn’t know, and 9% suspiciously claimed that they didn’t have any rules to break because they had no contract.
The most common rule broken by Tenants is late payment of rent (25%). Other regular breaches of contract include smoking inside the property (21%), keeping a pet without permission (18%), damaging or making alterations to the property (17%) and changing the locks without permission (16%).
But breaking the rules comes at a price, if you are caught. Over half (52%) of rule-breakers ended up losing part or all of their deposit, while 22% had to shell out to pay for damages, and 4% of tenants were evicted for their misdemeanours. However, a substantial chunk of Tenants (21%) said that they broke the rules and got away with it.
