Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Landlord Losses Soar as HMRC Figures May Be Under-Estimate
Landlord Today reports a huge leap in landlord losses, with the figures involved claimed to be a significant under-estimate. The report, published under the headline "Landlord losses soar – and figures may be under-estimate", centres on HMRC data.
The source does not set out the size of the increase, the period covered, or the basis for the claim that the figures understate the position. It also does not name who made that claim. This brief is therefore limited to what the headline and excerpt state.
For letting agents and inventory clerks, the report is a reminder to watch landlord loss data and HMRC figures closely, given the suggestion that the true picture may be worse than published numbers show. The full article on Landlord Today carries the details.
Source: Landlord Today