{"id":2831,"date":"2024-02-08T08:03:20","date_gmt":"2024-02-08T07:03:20","guid":{"rendered":"https:\/\/pfadvisors.co.uk\/?p=2831"},"modified":"2025-04-07T13:44:40","modified_gmt":"2025-04-07T11:44:40","slug":"uk-landlords-owed-late-rent","status":"publish","type":"post","link":"https:\/\/pfadvisors.co.uk\/en\/uk-landlords-owed-late-rent\/","title":{"rendered":"UK landlords owed late rent"},"content":{"rendered":"<p>The cost-of-living crisis is taking its toll on the private rented sector as tenants struggle to pay their rent on time. According to research from mortgage lender Molo, landlords in the UK are owed an average of \u00a3725 in overdue rent.<\/p>\n<p>Those in Yorkshire and the North East are particularly affected, experiencing the highest number of late payments each year. Meanwhile, landlords in Greater London are owed the most amount of money.<\/p>\n<p>VP of Strategy at Molo, Mark Michaelides, commented, \u201cOur recent research found that over half (54%) of landlords have implemented payment plans for tenants facing late rent.\u201d He added, \u201cAs a tenant, it\u2019s important not to ignore the problem. I\u2019d advise tenants to communicate promptly, explaining reasons for delays and requesting additional time. Open dialogue can lead to collaborative solutions.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>\ud83d\udea8 Data accurate as of the date of publication \u201308.02.2024<\/p>\n<p>\ud83d\udea8Think carefully before securing debts against your home.\u00a0 Your home may be repossessed if you do not keep up repayments on your mortgage.<\/p>\n<p>\ud83d\udea8 The above material is for informational purposes only and does not constitute a sales offer or financial advice. Before taking out any insurance, credit agreement or other financial product, you should obtain individual advice on your requirements and the general terms of the contract.<\/p>\n<p>&nbsp;<\/p>\n<p>Source: Quilter Financial Planning \u2013 Residential Property Review, January 2024<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cost-of-living crisis is taking its toll on the private rented sector as tenants struggle to pay their rent on time. According to research from mortgage lender Molo, landlords in the UK are owed an average of \u00a3725 in overdue rent. Those in Yorkshire and the North East are particularly affected, experiencing the highest number [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2832,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-2831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK landlords owed late rent - Prestige Financial Advisers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pfadvisors.co.uk\/en\/uk-landlords-owed-late-rent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK landlords owed late rent - Prestige Financial Advisers\" \/>\n<meta property=\"og:description\" content=\"The cost-of-living crisis is taking its toll on the private rented sector as tenants struggle to pay their rent on time. 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According to research from mortgage lender Molo, landlords in the UK are owed an average of \u00a3725 in overdue rent. Those in Yorkshire and the North East are particularly affected, experiencing the highest number [&hellip;]","og_url":"https:\/\/pfadvisors.co.uk\/en\/uk-landlords-owed-late-rent\/","og_site_name":"Prestige Financial Advisers","article_published_time":"2024-02-08T07:03:20+00:00","article_modified_time":"2025-04-07T11:44:40+00:00","og_image":[{"width":940,"height":788,"url":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/01\/PFA-blog-32.jpg","type":"image\/jpeg"}],"author":"Prestige-FA","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Prestige-FA","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pfadvisors.co.uk\/en\/uk-landlords-owed-late-rent\/#article","isPartOf":{"@id":"https:\/\/pfadvisors.co.uk\/en\/uk-landlords-owed-late-rent\/"},"author":{"name":"Prestige-FA","@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e"},"headline":"UK landlords owed late rent","datePublished":"2024-02-08T07:03:20+00:00","dateModified":"2025-04-07T11:44:40+00:00","mainEntityOfPage":{"@id":"https:\/\/pfadvisors.co.uk\/en\/uk-landlords-owed-late-rent\/"},"wordCount":222,"image":{"@id":"https:\/\/pfadvisors.co.uk\/en\/uk-landlords-owed-late-rent\/#primaryimage"},"thumbnailUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/01\/PFA-blog-32.jpg","articleSection":["Archive - 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