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One in four landlords don’t feel on top of changing regulations

One in four landlords (24%) don’t fell on top of changing regulations, according to new research by Direct Line business insurance. Of those who said they didn’t feel on top of the regulatory landscape, 36% say it is difficult to cope with the speed of change, 27% wouldn’t know where to start when it comes to understanding regulations, while one in five (20%) struggle to find the time to deal with it. A fifth (20%) say they can’t afford the necessary legal advice and more than one in 10 (13%) find it challenging to comprehend regulations and how exactly they are affected. 

Jamie Chaplin, landlord business manager at Direct Line business insurance, said: “Landlords are faced with a range of challenging regulatory changes and issues and our research suggests this is causing them a range of problems. In some cases, this is causing stress and anxiety, which is leading many to consider selling their properties.  

“However, there are many ways landlords can find advice and support. Direct Line landlord policies come with a Legal Advice Helpline which provides landlords with unlimited access to a team of legal advisors, who are available 24 hours a day, seven days a week, all year round in England and Wales.”

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