Editor's note: This brief was summarised by The Property AI Team from a report by PropertyWire. Read the original article for full details.
Poor Maintenance Could Cut Landlord Property Values by £59k
Landlords could lose up to £59,000 in property value if they do not maintain their rental properties adequately, according to new research from property management specialist Rushbrook. The analysis highlights that London landlords face the highest potential losses.
The findings underline the importance of regular property maintenance for landlords, letting agents, and inventory clerks. Ensuring properties are well maintained may help protect property values, particularly in high-value markets such as London.
Source: PropertyWire