The Challenges Of Being A Landlord In 2023

Landlords don’t tend to get much sympathy from the general public as they are seen as part of the institution that makes money from a basic thing like housing and they tend to have a perception of being extremely wealthy people. The reality however is that many people do it as their full time job and will often have large amounts of borrowing and repayments to make with quite small margins in terms of what they can afford to lose out on. There are landlords who own property through family businesses or family money and they won’t be affected by many of these situations but a large chunk will be. We’ll have a look into what the main challenges are likely to be this year.
What is different about 2023 for landlords?
The single, major factor that will affect the vast majority of landlords is the big increase in interest …
